Wednesday, June 28, 2017 12:14:58 PM
1. They have at least one deal agreed to but aren't announcing it yet.
2. They have a deal in principle, but it is not fully completed and binding due to some timing issue so that they have not executed contracts.
3. They are looking for a deal but haven't found one.
I question whether they would have an acquisition in force and yet not announce it during the initial trading period of the new PIOE stock. I think that such a situation might raise disclosure issues. But it may be that they could hold back such news until such time that the stock has been more freely traded beginning during the present pink-sheets period of time. I do not know if management would be forced by law to disclose this or could wait.
I think timing of finalizing a deal could be what we have here, by putting some distance between the issuance on new PIOE stock and doing the deal.
I hope that it isn't #3, but the more time that passes, the more likely there is no acquisition target yet.
Which do you suspect it is?
Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.
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