Nobody knows.
What concerns me is they said they are very close to completing the deal and terms have already been agreed on.
Yet they have conveniently not disclosed the terms and exactly what PAVC shareholders will be getting?
Nice pop today. Very nice. However not disclosing the terms is a bit odd. IF the terms were very favorbale to PAVC shareholders such as a CASH buyout or free trading shares in a new company, I believe the company would have disclosed this.
By not disclosing the terms I suspect PAVC holders will not get cash in exchange for their shares and likely not even free trading shares in a new company. My guess, and I am only guessing this because I feel strongly they would have released the terms if very favorable to PAVC holders, is that PAVC holders will get restricted shares in a new company and likely the 2 year restriction period will start over, as would be normal with this type of corporate action.
Heckuva a nice pop today though. I said it was very likely to see a nice pop today and it may continue to pop quite a bit. It could also reverse course just as quickly.
Will be interesting to see the actual terms of all of these deals, how they are painted, the effect on shareholders and then the actual results after all is said and done and people have sellable shares in something.
((Are we gonna get new restricted shares and have to wait another two years beore we trade?))
AI
