Enzyme Environmental Solutions Inc (EESO)

[CSykes]

I know that there is no need to "gag' the T/A during LOI negotiation because nothing would change in regards to the share structure unless a deal was struck. So it's not like someone is going to get tipped off. Also, an audit is historical in nature so why gag the present and future? Any due diligence for a buyer would be mostly corporate docs, debt obligations and financials. All the T/A does is keep a record of current shareholders and outstanding shares. Makes no sense to gag a T/A unless your hiding something. I have always discouraged my clients from doing it because the market always reacts negative to it, but that hasn't always stopped them for doing it.