News Focus
News Focus
Followers 5
Posts 811
Boards Moderated 0
Alias Born 04/08/2006

Re: mide post# 95673

Friday, 12/07/2007 7:39:36 AM

Friday, December 07, 2007 7:39:36 AM

Post# of 157300
Mide,

5. "...the sales license and the 50-50 solid contract...."

6. "We will not know about the first until the second is completed, because if the first is announced the SEC would view it as a "solicitation" and the funders and the company do not want that perception at this time. This is a very private group of valued investors doing this apparently."


Aside from the SEC considerations it would also be a basic business interest on the part of the sellers to limit their exposure by making the second precede the first, or at least to make the first contingent upon the finalization of the second.






Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today