News Focus
News Focus
Followers 461
Posts 7524
Boards Moderated 0
Alias Born 02/15/2010

Re: dcsteve post# 15965

Tuesday, 10/28/2014 6:40:49 PM

Tuesday, October 28, 2014 6:40:49 PM

Post# of 67758
dcsteve, hi. What the Regulations means is that if the planned merger is expected to complete by 10/30, the issuer must post stamp date the 14F no later than 10/20. This is why the mailing was planned for 10/15 per their filings. See if this makes sense: the majority change of director and share exchange cannot be finalized until the 14F is mailed. So, if the affidavit comes back from the T/A that all have been notified, the merger is deem completed. Although Sjo is already appointed the new CEO, the majority of board cannot change without following this formality.

formerly Ms. BB

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today