Right after my post guess what? I got a response from Alex Zukovs [info@azazcapital.com]concerning the LOI. Here it is for those interested ...
Dear Mr. XXXXXXX,
Thank you for your interest in this upcoming merger. As you are probably aware, we cannot provide you with further details on the LOI until publicly disseminated. Suffice to say, both Lumonall and Azaz feel that this deal will provide enhanced value to both companies and its shareholders. As far as the future, we cannot speculate other than to say in our opinion, properly managed investment banking companies are well received by the markets as evidenced by Pinetree Capital (TSX: PNP) which, in an 18 month span, went from a market cap of $80M to $1.3B. Markets are considerably different now than they were at that time, however, we will endeavour to constantly provide enhanced shareholder value.
Regards
Robert Weber, President
Azaz Capital Corp.