Followers | 142 |
Posts | 5891 |
Boards Moderated | 0 |
Alias Born | 10/27/2003 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, March 19, 2012 8:35:22 PM
When there is a planned merger or a planned acquisition of a publicly traded company, there is a time frame within which the execution of the planned merger or acquisition takes place.
"Several Auxiliary Agreements detailing final preparatory matters; including legal parameters, drilling and exploration operations, mandated duties of the Purchasing Group, and final delineated responsibilities of the parties, are now being presented for signature. This will release the first tranche of the $180,000,000.00 funding and discharge the obligations the parties have under the Non-Disclosure and Non-Circumvention Agreements.
At some point, there are even rumors of the plans for a take over or a merger, and the suitor's name is even leaked out.
Surely there is a NDA and so forth in place, but at some point, nothing can hold back the rumors, and the beans are spilt, and the suitor, acquirer, merger candidate's identity is divulged if not leaked out.
I would like to know how it is that MDMN has such a tight discipline that no one, I repeat, NO ONE, ever mentions the suitor's names, identity, or any shadow of a glimpse of who the hell it is that has made an agreement to purchase part, all or become involved in negotiations in a JV of some type.
So I understand the need for confidentiality,
but what of the previously failed bids for a JV? Who the hell was it that supposedly did not follow through and backed out of the previously announced deal?
Don't you guys want to know who the hell it was? I want to know who it was.
I want to know what the hell is the big secret any more. Why protect or otherwise keep the old, stale bit of info confidential.
"The obligations set forth in this Agreement shall terminate two (2) years after the effective Date of the Agreement."
So the previous JV did not go through. So what. Deals break up, and deals happen. The last one that we all waited for a year or more did not materialize. So what, S--t happens. But why agree to keep the identity of that JV suitor a big secret?
So I will come to the chase. If there was a JV that went south, then let us know who that suitor was. If there was never a JV then come clean and tell us what the hell went on.
A discussion with a party regarding a JV does not constitute a JV. Only talk. Was there a JV or not. Let us know.
Similarly, now we are expected to sit tight and believe that the deal is done, all it requires are the final signatures, which documents have been presented for signature.
I have never heard so much none sense about the finalization, duties of parties, on and on and on and on it goes.
What is the deal here. Do we have a deal or not?
Question to G. Chapin "Do we have a signed deal?" G. Chapin "Yes".
http://www.livestream.com/theminingplay/video?clipId=pla_63620d22-5a45-44b1-8f9f-2d1a7f56dc53&utm_source=lslibrary&utm_medium=ui-thumb
Just speak plain old English. Is there is deal or not? Or are you simply talking out there to anyone and everyone, and no one wants to quite meet your terms. I will give you that much benefit of the doubt, rather than saying "you have no deal".
Is this is just another exercise in testing how long we shareholders can hold on while those who need to dump at these highs dump and wait for the next low's to buy back in.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM