$LAHO, something to take in to consideration with
Post# of 432
(Total Views: 998)
Posted On: 11/23/2019 2:15:42 PM
$LAHO, something to take in to consideration with the 180 day extension.
A post from the other board:
Hustle75 Friday, 11/22/19 11:28:25 AM
Re: GreenHarvest post# 65588 0
Post # of 65613
"The merger was supposed to close by mid oct (I’m using Oct 20th to be safe). The date that the extension was announced is irrelevant, it’s an extension on the previously proposed close date. I want this to close just as much as anyone, but logical math says they have six months from the previously proposed close date.
On New Years Day, John let’s Paul borrow $10. He tells Paul that he has until Jan 15th to pay him back. On Jan 10th, John calls Paul and tells him he is going to give him a 10 day extension on their previous agreement. When does Paul now owe John the money by? That’s right....Jan 25th.
Chances are this merger happens sooner than both our timelines, but they have solidified an extension to late April 2020."
This could very well be the case as the PR didn't specifically state from what date the 180 day extension was to start. From date of PR or from the original finish date as stated in the post above. If the 180 day extension is from the original finish date, then the 180 day extension will give LAHO until, roughly, April 17th, 2020. Give or take a couple of days.
A post from the other board:
Hustle75 Friday, 11/22/19 11:28:25 AM
Re: GreenHarvest post# 65588 0
Post # of 65613
"The merger was supposed to close by mid oct (I’m using Oct 20th to be safe). The date that the extension was announced is irrelevant, it’s an extension on the previously proposed close date. I want this to close just as much as anyone, but logical math says they have six months from the previously proposed close date.
On New Years Day, John let’s Paul borrow $10. He tells Paul that he has until Jan 15th to pay him back. On Jan 10th, John calls Paul and tells him he is going to give him a 10 day extension on their previous agreement. When does Paul now owe John the money by? That’s right....Jan 25th.
Chances are this merger happens sooner than both our timelines, but they have solidified an extension to late April 2020."
This could very well be the case as the PR didn't specifically state from what date the 180 day extension was to start. From date of PR or from the original finish date as stated in the post above. If the 180 day extension is from the original finish date, then the 180 day extension will give LAHO until, roughly, April 17th, 2020. Give or take a couple of days.
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