Well I just received confirmation from broker "
Post# of 11038
Posted On: 09/11/2015 1:37:14 PM
Well I just received confirmation from broker
"At this point we have not received confirmation of the Merger from CRGP, so we would not be able to confirm if you will be receiving certificates for the private company. Once we do receive confirmation, we will notify customers of this and what options they have available vis a vis the merger. I believe that since Milagros is private and you are to receive a certificate, Milagros transfer agent would most likely handle this."
Well agent got most of it right except the last part. That is supposing those were the terms. Again at this time no one knows terms of merger so no certificate or cash has been stated. As I have explained, FINRA would need to look at this first IMHO...
"At this point we have not received confirmation of the Merger from CRGP, so we would not be able to confirm if you will be receiving certificates for the private company. Once we do receive confirmation, we will notify customers of this and what options they have available vis a vis the merger. I believe that since Milagros is private and you are to receive a certificate, Milagros transfer agent would most likely handle this."
Well agent got most of it right except the last part. That is supposing those were the terms. Again at this time no one knows terms of merger so no certificate or cash has been stated. As I have explained, FINRA would need to look at this first IMHO...
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PLEASE READ IF YOU READ MY POSTS
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
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