Turner Valley Oil and Gas Inc (TVOG)

[midas716]

Morning LJ. That's what I said 2 weeks ago and you disagreed. First you said only requirement to elect board of directors. Now you agree it's the acquisition as well. I do believe you are right that it shouldn't hinder the symbol and name change but everything else is contingent on the Form 10 being accepted. Anyway, we're good here. Only a matter of time now and that, i'm sure, everyone can agree with.

Your post today:

They may keep dragging the deal out

longer and longer for the

N1 crew to get more

share churning done...


But the Form 10 filing

clearly states that the

filing of the Form 10 is

the only requirement needed

before closing acquisition...


You are probably right...LJ

My post from two weeks ago:

The Form 10 is not priced in. Form 10 is just a submission. The Form 10 can be rejected if it is incorrect or if there are errors in the audit. The market is waiting for the OTC status and name change to occur which would mean the Form 10 has been accepted and TVOG is then fully compliant OTCQB.

The financing is contingent on the up-list to OTCQB as part of the arrangement. The M&A acquisitions are also contingent on the financing so until the Form 10 is accepted and the up-list occurs nothing here has changed. Form 10's get rejected all the time. The market knows this which is why it spiked and people took profits.

Once the up-list is complete they will receive the financing for the ships and infrastructure. I believe it started at 3 ships, went to 5 ships, but may be as many as 8 now from reading the website. Everything will fall like dominoes after the up-list is complete.

The real action will start once the Form 10 has been accepted and TVOG is fully compliant. They will receive the financing, purchase the ships and infrastructure, appoint new board members etc etc.

Lot's of catalysts coming but the Form 10 has to be accepted first.

Your response from two weeks ago:

Wording in Form 10 filing only says

that submittting the filing

is a condition...

Before naming board members...


Maybe the original wording

in closing documents could

be questioned later...


But an acquisition closing

and trading in otc pink

current status would beat

nothing at all...


Finra name change application

shouldn't be dependent on

Form 10 filing review either,

should it?...



So we watch...LJ