Tuesday, January 23, 2018 10:26:13 AM
From the IG canoepool_america (Posted 1/22/18)
During the preliminary review, the parties must wait 30 days (15 days in the case of a cash tender or bankruptcy transaction) before closing their deal. Based on what the agency finds, it can: 1) terminate the waiting period and allow the parties to consummate their transaction (this action often is referred to as an “early termination”);
During the four weeks prior to the close of the business quarter, which is known as "the quiet period", company executives are forbidden to speak to the public about the business in order to avoid giving analysts, journalists, certain registered investment advisors, private investors, and portfolio managers an unfair advantage - details that would amount to insider information.
9/21 Entered into a confidentiality agreement with CanoePool
9/25 Signed a letter of intent to merge CanoePool into Santo
11/17 Received 12 mining machines
Dec Ordered 75 additional mining machines
Q1 2018 Analyzing various spaces and electricity expense, appropriate infrastructure
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