SiNtx Technologies Inc (SINT)

[AshvsEvilDead]

Hi all as we now head full speed in what could turn out to be a very interesting week I wanted to repost a link that I posted in late June that might make more sense now.

[url]https://www.quora.com/Do-companies-ever-announce-their-own-acquisition-during-earnings-releases-conference-calls
[/url][tag]Why Companies announce Acquisitions during earnings[/tag]

The source says, "If you’re a public company and you enter into a material contract (i.e. acquisition agreement) you have to announce it. Depending on the timing, some buyers will time the signing of an acquisition agreement to coincide with their earnings release so they can announce both the acquisition and quarterly earnings at the same time.

Also, many companies are loath to make any material announcements from the time their quarter ends to the time they announce earnings; agreement execution is sometimes timed with this in mind."