M&A rule #1 in a merger 1 company buys another company. So only 1 company survives. Given the fact that the company name will be iSeeAutomation, Inc. tells you who survived. Sometimes its the easiest way to acquire or absorb assets of another company brother.
Note #1 BYSD obviously wants out of oil business (they've been trying to get rid of Bayside Petro for a year now)
Note #2 Bayside Petro has oil & gas assets that are of interest to other companies.
Note #3 BYSD is selling off assets so there has to be some type of exchange or consideration.
I know your frustrated cause we all wanted faster results but don't be EMO like a girl. It's not like they said this wasn't happening, they said the path to the SAME end result changed but the END RESULT is still the same.
*** and it's not like they said they are R/S the stock like many companies do instead they said they are paying divy so we'll have a chance to be in on this new company at probably a lower price then people jumping in on the IPO will get in at. I still think BYSD is one of the best long plays around and I'm holding to my opinion brother. Go BYSD
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