InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,070.55
(
1.20%
)
US TECH 100
17,100.00
(
0.57%
)
Dow Jones
38,503.69
(
0.69%
)
Brent Oil
87.28
(
-0.33%
)
Bitcoin
66,407.22
(
-0.01%
)
Post# of 887
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

LouisDesyjr

Send PM Follow Ignore
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

LouisDesyjr

Re: KUP post# 803

Wednesday, 11/16/2016 11:32:41 AM

Wednesday, November 16, 2016 11:32:41 AM

Post# of 887
Annual meeting delayed

Not exactly sure why, but it looks like the annual meeting and the proposed merger have both been delayed with the filing of a TRO (Temporary Restraining Order).

8K report about delay:
http://ih.advfn.com/p.php?pid=nmona&article=72780441

The order is in effect for 60 days until after other issues are ruled on.

No idea how long that could be or exactly what is going on, at this time, but I would think it is not a good sign for the stock to have the annual meeting delayed.

What ever is going on, it is clear that insiders of the company are having some kind of big legal fight, which is usually never good for any stock price.

Louis J. Desy Jr.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up