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Sunday, October 04, 2015 12:58:07 PM
Also from Yahoo:
1. The FSYS Deal will require $140 million worth of stock to be printed (DILUTION!)
2. A Reorganization either before or after the merger is required. These cost $$$. And in Canada the costs for laying employees off are much higher when “you eliminate one level of management” than in the US.
3. The DEAL may not happen, but the company still needs $$$$ to operate and reorganize, which means TOXIC finance.
4. Oil vs Gas economics will not improve in the near term, other major players in this space have already acknowledged slowing growth in the sector.
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