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Makenlight

12/22/15 5:33 PM

#31258 RE: Makenlight #31257

DEFINITION of 'Stalking-Horse Bid'

An initial bid on a bankrupt company's assets from an interested buyer chosen by the bankrupt company. From a pool of bidders, the bankrupt company chooses the stalking horse to make the first bid.


Read more: Stalking-Horse Bid Definition | Investopedia http://www.investopedia.com/terms/s/stalkinghorsebid.asp#ixzz3v5kCVItj
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Makenlight

12/22/15 9:47 PM

#31274 RE: Makenlight #31257

The dots I was tring to connect are these, Ewrl was after this landfill. There were no other bids.

The landfill company Tera Nova (sp) Was created in mid 2013 and stated they have been interested for a long time.

Tera Nova still is after the landfill for mining and other activities.

The oversight company stated the would only approve mining if an experianced company does it.

Could Tera Nova be one of the shadow companies controlled (holding company) by Cirque?