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Re: PENNIEStoSTACKS post# 6979

Tuesday, 05/03/2016 4:31:16 PM

Tuesday, May 03, 2016 4:31:16 PM

Post# of 34429
If all is in order than we have to hear something tomorrow.

Because tomorrow is the 4th business day after April 28 - companies have to put out an 8-K 4 business days after a material event.

April 28 is when the transaction was supposed to close.

April 19 is when the original agreement was drawn up - public was informed April 25 which is 4 business days later.

Strange that they would tell an individual investor before releasing the 8-K. This has me a little worried. That is, the transaction isn't closed ... maybe not terminated, just not closed for now.