Sunday, September 25, 2011 6:23:12 PM
From my various discussion with Merle I have pieced together these items. I'm not quoting Merle verbatim. I do not want to take anything out of context. I would post all of the emails, but I do not feel like posting all of my communications with Merle out of respect for him.
1) The company can not and will not discuss efforts that Dahlman Rose & advisers have done thus far. It's the only reason Dahlman Rose is working with us, because Scott has agreed to these terms. Dahlman Rose does not work with pink sheet companies, so this should tell everyone here something. The company will not compromise their integrity.
2) Scott is not working alone in all of his decisions. We should all know this. It's a collaborative effort with all parties involved. Not saying who those parties are, and I'm not implying anything. Again, company will not discuss. Scott has stated again and again that management's interests are aligned with shareholders' interests.
3) Very few public companies share the details of inner company happenings with shareholders. Public companies share results. Results can not be shared until there is a vote. There are more than likely non-disclosure agreements still in place.
4) Shareholders are underestimating the Nio-star proposal. It is an excellent transaction for shareholders because we will control the shares of Nio-star and control the board of directors, thus that bodes well for the future value of our investments. We will control HKHE...they will not control us.
5) I believe Merle is a shareholder in the company. He did not tell me this directly, but it is implied. I would think his interests are aligned with ours.
6) SRSR will not continue as an empty shell. More than likely there will be future acquisitions/business and that is the purpose of the A/S increase.
7) The lawyers only allowed Sarissa to use the "MAY" language in the DC. If there is a share distribution, then it will be of HKHE shares. How could Sarissa use any other language when the transaction has not been approved?
8) Much is going to be accomplished with 5.5 to 10 million. Scoping study, further metallurgy, further resource estimates, block modeling, project execution plan, possible foreign listing.
9) From what I gather from Merle, and he has not said this...I'm not quoting him, but if shareholders reject these proposals.....we are only hurting ourselves. This is my opinion. We should not act on emotion.
Again, none of this is quoting Merle verbatim. This is what I gathered from my various correspondences with Merle this weekend.
1) The company can not and will not discuss efforts that Dahlman Rose & advisers have done thus far. It's the only reason Dahlman Rose is working with us, because Scott has agreed to these terms. Dahlman Rose does not work with pink sheet companies, so this should tell everyone here something. The company will not compromise their integrity.
2) Scott is not working alone in all of his decisions. We should all know this. It's a collaborative effort with all parties involved. Not saying who those parties are, and I'm not implying anything. Again, company will not discuss. Scott has stated again and again that management's interests are aligned with shareholders' interests.
3) Very few public companies share the details of inner company happenings with shareholders. Public companies share results. Results can not be shared until there is a vote. There are more than likely non-disclosure agreements still in place.
4) Shareholders are underestimating the Nio-star proposal. It is an excellent transaction for shareholders because we will control the shares of Nio-star and control the board of directors, thus that bodes well for the future value of our investments. We will control HKHE...they will not control us.
5) I believe Merle is a shareholder in the company. He did not tell me this directly, but it is implied. I would think his interests are aligned with ours.
6) SRSR will not continue as an empty shell. More than likely there will be future acquisitions/business and that is the purpose of the A/S increase.
7) The lawyers only allowed Sarissa to use the "MAY" language in the DC. If there is a share distribution, then it will be of HKHE shares. How could Sarissa use any other language when the transaction has not been approved?
8) Much is going to be accomplished with 5.5 to 10 million. Scoping study, further metallurgy, further resource estimates, block modeling, project execution plan, possible foreign listing.
9) From what I gather from Merle, and he has not said this...I'm not quoting him, but if shareholders reject these proposals.....we are only hurting ourselves. This is my opinion. We should not act on emotion.
Again, none of this is quoting Merle verbatim. This is what I gathered from my various correspondences with Merle this weekend.
