FYI re M&A "Canadian public companies must prompt

FYI re M&A "Canadian public companies must promptly announce any material change in their business or affairs in a news release, and they must file a material change report with securities regulators within 10 days of the change. Determining when a material change has occurred in the context of a friendly deal is difficult. The Ontario Securities Commission noted, in Re AiT Advanced Information Technologies Corp., that an important factor in determining whether a material change has occurred is whether both parties are committed to proceeding with the transaction and whether there is a substantial likelihood that the transaction will be completed .

Canadian issuers that are 'foreign private issuers' under SEC rules (which
includes almost all Canadian companies) must furnish a report to the SEC on Form 6-K to disclose material events at the time when the information is publicly disclosed in Canada."

http://www.torys.com/Publications/Documents/P...e_2009.pdf
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Thus, contrary to the claims and announcements of film colorists Artemus "Butcher" Mayor and Mario Barrera, there has evidently been no commitment by Canadian firm X to proceed with an AEGY M&A transaction or other transaction involving AEGY nor an expresssion that such a transaction is likely to be completed.

"The Ontario Securities Commission noted, in Re AiT Advanced Information Technologies Corp., that an important factor in determining whether a material change has occurred is whether both parties are committed to proceeding with the transaction and whether there is a substantial likelihood that the transaction will be complete. "