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Re: linuspop post# 16

Thursday, 12/23/2010 1:26:33 AM

Thursday, December 23, 2010 1:26:33 AM

Post# of 44
linus - that's not exactly my understanding of the deal. I believe that Colorep has until 12/31 to decide whether to do the RTO (which means go public via CWBYF). If they don't, then Carthew retains its ownership of Colorep equity while also retaining the shell. I am viewing 12/31 as a win-win situation. It's been a long haul, but i'm actually hoping (and expecting) that Colorep will NOT go public via CWBYF, and that will allow Carthew to seek another merger partner (maybe oil/gas/??) in Canada.

On a side note, some interesting action today at .0092, with CSTI market maker bidding .0092, getting whacked, and then the resulting UBSS offer at .0092 getting taken as well.

Solid DD combined with timeliness and conviction is a recipe for profits.

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