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Tuesday, August 26, 2014 4:28:29 PM
Another frustrating day, but I believe PR will soon be out. I spoke to both Lee and John today. Lee said he could not say anything on the pending merger. He said his "lips are sealed" at this point. Got the feeling that the PR on the closing of the deal is being worked on. He said he is restricted from saying anything due to insider trading regulations. "I can't tell you anything further, other than what is in the release last Thursday," Lee said.
John, on the other hand, was more forthcoming. He said "everything is on track" for the signing and "nothing has changed." He also said he is limited in what he could tell me, due to insider trading regulations, but assured me that the merger announcement will be soon. Given the size, complexity and magnitude of the merger transaction, John said it is expected that the process would have had minor delays, (like it has had). He also said he is aware of the frustrations and the anxieties, but he said shareholders have "nothing to worry" about and my investment is "solid". Based on my intuitive interpretation, I believe we could have the merger signing announcement at any time. Time will tell. Blessings all and have a great evening. STEVEN.
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