Friday, August 31, 2012 12:15:54 AM
Ebig on a conf call said that Tsingda was suppose to report to them by Sept 1st as to what they were going to do. Wait, otcbb or go thru with a merger, at the same time the 30 days has passed with dtc approval with ebig.
My other posts i've said that the back-up at the dtc that it could take 8 weeks total. Ebig may feel that they need to report on either one of these developments on friday. The way its been reported in the past is that a conf call will be on tuesday.
I did lighten up on some small share amounts for some clients after being taken off guard with the dtc, however i am posting this right now saying early friday may be a good time to place a bet for this news release.
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