Thursday, June 19, 2014 11:40:37 AM
I am enclosing an email I sent to Eric a week or so ago and am still waiting on a response. The 'boldness/underline' was added by me. Has anyone received similar emails in the past? I will be posting many more emails in the days ahead as I try to sort through all the information he sent to me. I will leave it up to all of you to try to reconcile it with your perspectives.
Eric,
On 4/6/13 you sent the following in an email to me:
Here are the facts as best as I can assess them:
· There will be an R/S, as publicly disclosed
· There will be some kind of gesture/bonus for “longs”, as publicly intimated
· The requirement of the “long” will be to be holding shares as at the announcement date
· The bonus will be deemed to have vested in that person, i.e. earned by right already, permitting the long to sell their regular shares thereafter without losing their bonus
This means in practical terms that if you then be able to sell all your regular common shares at that time but will not have lost “everything” because you will have a bonus that can be your rider, for come-back purposes. I anticipate making an announcement in this matter within a month or so.
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