Friday, November 30, 2012 1:54:30 AM
1. DEXO and SPMD should be announcing their intentions in regards to the merger. I believe an update is due per SPMD's last 10-Q for a possible extension as of November 30, 2012.
2. Yellow Media has a variety of possibilities.
a. CBCA confirmed and is pushed through in around 3 Days (the verbal timeline that IR advised me for merger paperwork completion).
b. YLO-A and/or YLO-B shares converted to common. Possible dividends on the C's and D's? I don't know. The last day to begin conversion on the A's is December 1, 2012, which really puts the last business day at tomorrow.
c. Nothing (At this point, I wouldn't be surprised).
And so I sit, the market has closed the day before the day that I have been anticipating since December of last year, over 300 days ago. 300 days of buying phone book companies that everyone I know of is sick of me making proclamations about. Thousands of hours of research completed. My bets are placed. After 300 directionless days, I wait patiently to discover my fate. Long YLO, SPMD, DEXO.
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