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Re: molson_ice1 post# 46602

Wednesday, 08/16/2006 11:43:55 PM

Wednesday, August 16, 2006 11:43:55 PM

Post# of 311068
LWFK tossed around the term "quarterly reports" too, fwiw.

seems reckless in my estimation to use a term that has such precise meaning in the market if that is not what was actually undertaken IMO.


LoftWerks Announces Details on $10M Acquisition Capital
Thursday February 16, 7:54 am ET

http://biz.yahoo.com/iw/060216/0110169.html

<snip>

Consultech Director-General, Petar Vucicevich, said, “The merger process, to this point, has been very smooth. The $10M funding was pending LoftWerks' completion of its financial disclosures as a service to its shareholders, per our agreement. As many shareholders have seen, LoftWerks just filed its quarterly reports and we believe it is in both parties’ best interest to complete the financing ahead of the merger completion. We look forward to joining our efforts and resources with LoftWerks.”