Great Post by buybio2

Investor Nub Deleted this and many other repost.

Quote:By: buybio2 THE 30 DAY DUE DILIGENCE/CLOSING PERIOD IS OVER. Guys and gals, I don't think this transaction between MSJ and SRGE was an easy one. APA negotiations between major listed companies often take a month or longer, and in some dire circumstances shareholders would witness what is called a "pre-negotiated APA" without prior notice. I do believe this discussion between SRGE and MSJ has been in place since December 2012, we saw the announcement of their preliminary discussion about a month ago and shortly the news of "closing" should follow. I would like to stress to all that a transaction like an asset purchase/sale does not happen over night. There are legal processes and formalities involved and this is always the case. To understand this, try buying a foreclosure nearby. Even if you offered CASH, closing depends on the ability for all parties involved to move forward. If done quickly, closing can happen in 30 days or less. If financing is involved, we're looking at 45 days or more. This is always the case. This is no different.

Patience will Pay Big Time SRGE Longs!