first off, at this juncture, this is an easy situation to be in if you have no principal at stake anymore. alls i have for the sake of disclosure is my preferred shares. if this becomes what we were lead to believe then i hit the jack pot, if not no big deal. but yes i do want to see how it actually plays out.
as for the red flags....
based on my experience trading the otc and broader markets i know how a few things work. for the sake of facts i will reiterate what i said earlier, concerning the merger. once the merger process is started you cannot change your share structure. all the paper work is done. now the due dilligence period commences and all the paper work has to be intact and add up when they scrutinize it. thats all it really is.
But we where made aware of them were we not?
not counting tweets, we weren't made aware of anything after the designated date for the completion of the da. unless you count the postponement pr of the merger to q4 which gives no details and the pr clarification on how we were to be dispersed our preferred c shares.
To the ones who speak of the OS increase do you not think both sides were aware?
both sides became aware of the ss change through the due diligence period. that is one binding part in the merger that cannot be altered. sure they can change certain terms, agreements, future financial percentages of who gets what, etc, etc. but you cant change the share structure.
those are facts, please dont ask me for links...
for the record i am both a realist and optimist. yes, i know that is a conflict of interest, but not in the context in which my brain is wired. i see things in a 360 degree spectrum. i am a positive person but i still have to deal with negative issues.
I personally haven’t seen definitive evidence this is off and till I do I am not gonna think it.
this is also a fact, and i'm not being sarcastic either. you must realize that paso, or bruce does not ever have to publicly release any definitive evidence that this deal is off.
