Friday, October 05, 2012 9:26:43 AM
Just curious if someone can shed some light here for me or just corroborate with my idea?
So,
- I view this merger as an APO vs. an IPO.
So,
- Canwealth inked the deal on Sept. 19
- Super 8K had to have been filed within 4 business days of closing bringing
- This means we have all audited financials in place set for review by the SEC
- This was done on the 19th as said in the last PR 'These documents have been submitted to the companies attorneys and CPA'
- Now, anyone have a clue how long this super 8K and review of audit takes?
- Typically APO's can be closed within 30-45 days
- Assuming the above, I believe we will receive news (if all goes as planned) somewhere between Oct. 30th and Nov. 21st (including business days)
Please verify if this makes sense. This statement is based on a 'wikipedia typical APO'. Sorry, but I only have time for a quick wikipedia search as I have my Advanced Financial Accounting studies for this evening.
Good luck to all (hopefully we have a great Friday) and everything stated above is IMO. Please comment whether positive or negative as I'm more interested in if I have my facts straight or not.
Thanks,
T.
T.
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