Titan Energy Worldwide, Inc.(fka TEWI)

[OwnThePlayOTC]

Sorry for the delayed response. I've been away all day pissed about this trade. Here is the line from the Dec 2nd pr clearly stating you will receive .0007 per share and the company will cease to exist. This will be my last post on here cause I don't bash stocks. You asked so it's the only reasoning I'm posting this.


By the end of December, Pioneer intends to purchase the remainder of Titan's preferred stock and debt from existing holders, followed by a statutory merger between Titan and a newly formed acquisition subsidiary of Pioneer. Titan will then cease to exist as a publicly-traded company and its common shareholders will receive cash of $0.0007 per share.