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Re: leverage102 post# 60698

Friday, 02/12/2016 10:04:14 AM

Friday, February 12, 2016 10:04:14 AM

Post# of 71937
They extended the date that USG gets paid. Because Canwealth has no money. Come June when that payment is due and canwealth can't pay the merger will be null and void.
Not a good thing, read it and weap.

"WHEREAS, the purpose of this Amendment is to provide that payment of the Merger Consideration shall be made on or before June 30, 2016 and to clarify neither USG1, the Stockholder Representative nor any USG1 Stockholders shall have the right to void the Agreement or unwind the Merger for any reason. ""