Good points. AEGY doesn't even claim any part of p
Post# of 36729
Posted On: 06/27/2014 12:13:10 PM
Good points. AEGY doesn't even claim any part of presumed PJ cash revenue as their own. The B.O. D. of a Canadian merger or acquisition partner would have to wonder how swallowing that pig whole would not cause catastrophic indigestion given the pig is heavily stuffed with debts and liabilities, has recorded no sales in four years, and has been routed by the SEC and awaits litigation. Indications of fraud are typically why stocks are suspended with questions. Cherry picking assets, as said, makes more sense -- unless Gelmon is connected in some way to the prospective suitor reluctant or otherwise. If so, he should probably keep a low profile.
As it is, the odds of the "whole pig" scenario passing regulatory muster, given that the SEC and CSA are now addressing the sector in tandem, are arguably not too favorable. Not to mention SEC suspension of Potsie Twins AEGY and SKTO and the Alberta Cease Trade Order of AEGY, which order is respected by stock exchanges in all Canadian provinces.
As it is, the odds of the "whole pig" scenario passing regulatory muster, given that the SEC and CSA are now addressing the sector in tandem, are arguably not too favorable. Not to mention SEC suspension of Potsie Twins AEGY and SKTO and the Alberta Cease Trade Order of AEGY, which order is respected by stock exchanges in all Canadian provinces.
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