Well this all gives us something to discuss: lol
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Posted On: 08/01/2017 11:01:38 AM
Re: USGL investor #36058
Well this all gives us something to discuss: lol
In terms of funding - the 8k is designed to address material event - there is no hard and fast definition for this. However, USGL just secured a buyout with an amount larger than the preferred shares issuance all with running at a tighter than usual operation model. So it just seems that they would need some sort of help to do this. Not that I care, I just would hate to see it become an issue - so I hope I am wrong
For the name change - I see this all the time. It is seriously paperwork and coordination. Whether or not they can do it while they are flagged? Well, yes that may draw some unwarranted attention - but I am hesitant to tie it to any degree of auditing activity except that being current is required. I do not believe the audits - being a stand alone item, would prevent them from doing the name change under any other circumstance..... getting the name changed is most likely very key for their strategy,it should be done sooner or later. It is not needed as a tool to spin the arrival of a new airline
In terms of funding - the 8k is designed to address material event - there is no hard and fast definition for this. However, USGL just secured a buyout with an amount larger than the preferred shares issuance all with running at a tighter than usual operation model. So it just seems that they would need some sort of help to do this. Not that I care, I just would hate to see it become an issue - so I hope I am wrong
For the name change - I see this all the time. It is seriously paperwork and coordination. Whether or not they can do it while they are flagged? Well, yes that may draw some unwarranted attention - but I am hesitant to tie it to any degree of auditing activity except that being current is required. I do not believe the audits - being a stand alone item, would prevent them from doing the name change under any other circumstance..... getting the name changed is most likely very key for their strategy,it should be done sooner or later. It is not needed as a tool to spin the arrival of a new airline
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