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Friday, September 12, 2014 7:26:34 AM
John Pedder, president of Blackbird adds "We both understand that the shareholders are disappointed with the delays that were incurred. These delays were not due to any conflicts in the due diligence process but the parties, Blackbird, SDE Ltd and Wave Electricity Renewable Power Ocean are subjected to external procedural constraints and regulatory body confirmations. The summer vacation period did not always permit all internal and external interested parties to be in sync within this process.''
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