Wednesday, June 12, 2024 7:17:32 AM
Not sure, LaFayette withdrew their registration S-1, then re-submitted it and currently looks like they are proceeding with the IPO, so looks like a plan is in place.
https://www.sec.gov/cgi-bin/browse-edgar?company=LaFayette+Energy&match=starts-with&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
A merger with Trio would create a California / Utah / Louisiana multi-state oil and gas company of significance, and imo, would create a better potential takeover candidate for an Oil Major, then either Trio or LaFayette on their own.
https://www.sec.gov/cgi-bin/browse-edgar?company=LaFayette+Energy&match=starts-with&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
A merger with Trio would create a California / Utah / Louisiana multi-state oil and gas company of significance, and imo, would create a better potential takeover candidate for an Oil Major, then either Trio or LaFayette on their own.
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