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Re: tob999 post# 36914

Tuesday, 05/29/2012 10:12:03 AM

Tuesday, May 29, 2012 10:12:03 AM

Post# of 85025
The LOI stated CHRI was looking to acquire (buy ) "UP TO" 100% of HBRM. It left the window open for various options but merger was not on the table. It also does not mean they have to buy 100% of HBRM just 51% to get a controlling interest int he company which may or may not have an affect on the current PPS.
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