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fantomphan

06/09/16 10:11 PM

#36946 RE: tedpeele #36945

Total speculation on my part, but we won't get any more sales PR's. This was the PR swan song. The acquirer will get to announce that they have gotten the expected CATSA order to appease their shareholders, and they will also get to announce the next TSA order,the one that they needed to extend the purchase period for. Our silence on that now makes sense to me. McGann said he didn't know why TSA extended the buying period until the Fall. Are you kidding me? I hope it's over soon and the buyout is a nice fat number.
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ki2002rom

06/09/16 10:11 PM

#36947 RE: tedpeele #36945

If requires a vote by shareholders of buyout, merger, partnership, gotta set it up and 'sell it'. If you're shocked that very, very, few know about the IMSC gem (we know why), imagine the buyer's stockholders. Probably get a PR or two for sales, let the SP run up. IMHO it spells a premium being paid, gotta justify it.

It's not for us or buyer's company officers (they already reviewed all this).

Now we know why June 30 deadline with a large debt payment chunk, then balance end of year. Will take time to wrap it up.
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Buzzlityr

06/09/16 10:37 PM

#36951 RE: tedpeele #36945

Ted- the buyers shareholders will immediately look up IMSC to find out about the new acquisition...its helpful to show them around, show them what they just bought, reinforce the reasons, etc.

They certainly didn't post that up for us- we already knew that...so therefore---