steeledge,
Well, I'm not really on the edge of my seat with this one at all. With the CEO stating publicly that there are "no selling shareholders" it takes a bit of the edge off. And, as you pointed out, there are some deals that just make too much sense.
As I travel throughout China this is the impression that I take away ... there are apartment buildings sitting empty despite the hundreds of millions moving into urban areas ... the reason is the price of real estate remains out of reach to many ... as a result, this residential development may slow down "briefly" ...
However, with the 'stimulus money' paying for the infrastructure projects across China ... there is absolutely no slowing rail projects down (they are everywhere and they are very impressive!). These projects are right in WowJoint's space ... and their technology is helping the projects move faster and cost less ... and, they have patents ... like I've said before, CFQCF is a lot like RINO in that way ... they have patents which meet the right need at the right time in the fastest growing market in the world (and, CFQCF also has International Sales) ... and they are moving into "maintenance vehicles" ...
No, I have zero doubt about this transaction closing ... and, it won't take long to get to redemption. However, I caution everyone that there could be a low visibility period in which someone may try to short the stock and arbitrage with the warrants ... very much like China Ceramics (CHSQ) right now. But, it will mainly affect the common ... I think most warrantholders will realize the game and not selloff. I like to think that we are a more informed investor group here.
I agree that making conact with management early has many advantages ... but, I have not made contact with CFQCF ... CFQCF remains very low on my radar/concern list ... Cheers.
