InvestorsHub Logo
Followers 2
Posts 315
Boards Moderated 0
Alias Born 12/20/2010

Re: None

Wednesday, 05/17/2017 11:34:52 AM

Wednesday, May 17, 2017 11:34:52 AM

Post# of 7810
The Parties agree to require the appointed independent appraisers to submit the formal independent valuation reports setting out the valuation results within 60 days of March 5, 2017 and the Parties agree to exchange the valuation reports within such period. Both Parties must sign an Equity Transfer Agreement (as defined in the MOU) to transfer the Target Equity Interests from the Company to the Purchaser within five working days from the date of exchange of the formal evaluation report.

http://www.nasdaq.com/press-release/silver-dragon-retains-kpmg-and-golder-associates-as-independent-appraisers-20170405-01114#ixzz4hLnAJZ00

60 days from March 5, 2017 would have been May 5, 2017.

So why no news?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.