News Focus
News Focus
icon url

MoneyMan

04/03/17 7:47 AM

#246794 RE: speckulater #246792

Why use language like this?


another fully registered public equity



Hope it is not CRIM who has filed nothing with SEC since Q2 2015.

https://www.sec.gov/cgi-bin/browse-edgar?company=crimson+forest+&owner=exclude&action=getcompany
icon url

MoneyMan

04/03/17 8:45 AM

#246796 RE: speckulater #246792

I hope these are not the same advisers who suggested filing the withdrawn Form 10 with stale fins?

Upon formal closure of this corporate merger, as presently structured and anticipated by counsel and advisors, Company shall be a fully registered, fully reporting equity, with DTC approved stock

icon url

downthehatch

04/03/17 10:16 AM

#246811 RE: speckulater #246792

There is no $65 million in financing.
Read what they actually said:

The merger ... is a key structural element to accommodate the placement of an initial $65-mm in production and distribution financing arranged for by the merger partner.



So, bottom line, no merger, no financing.

There will be no merger, just another excuse blog.
The market knows this, that's why the bid has dropped back to under Friday's close.