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sneak-attack

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sneak-attack

Re: None

Friday, 06/05/2009 7:04:53 PM

Friday, June 05, 2009 7:04:53 PM

Post# of 10911
BB: Outside of the fact that ERHE is a U.S. company, How can the SEC have a say over AXC Buying Chrome which holds 309 million shares of ERHE. The SEC Tender Offer Rules of Reporting may not come into play until the deal closes and ownership rule of 5% or more take hold. ERHE share holders may not have a say in the deal unless AXC makes a Tender Offer for the balance of ERHE's Shares. AXC may not have to report unitl the deal is done.


JMO
Sneak
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