Friday, October 27, 2017 10:22:01 PM
If they want this merger to have the best chance to be successful, they need to fly under the radar of watching eyes. That means the PR has to be very careful about being very blunt and forthcoming lest the Chinese government may take notice of maneuvers. I'm not personally sure about what the deal was with the Canoe Pool e-Mails' other than I don't buy them as they were not public, but did anyone consider that "no cooperation" response was company policy because they could not be 100% sure that e-Mails would not be from the Chinese government using all avenues to probe under the guise of a vested shareholder.
Bottom line is this a tricky maneuver to transport operations out of China and I would not risk any possibility of slip up regardless of how much shareholders were screaming for verification. SANP has been trying to drop PR under the radar on every opportune time, but too many are not paying attention. I have said elsewhere, the one thing that has the best chance of killing this is shareholders screaming for every bit of info along the way and bringing the wrong eyes to notice the merger before completion.
If anybody wishes to jeopardize their money just to satisfy their own impatience, confidence and whatever other reasons, that's up to them; but don't jeopardize mine, I can wait for us to be in the clear.
I'm not the first to say this, so relax and enjoy your weekend. The PR will come when it is time. I am personally going to take that advice and enjoy my Grandson's 4th birthday at the waterpark Saturday and spend the rest of my time on my Xbox.
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