According to what has been posted, KERP was critical in what the judge used as part of her criteria. In almost everything that we have throughout this Canadian form of restructuring they seem to have the company’s best interest incorporated into the end result. That all seems to favor the shareholders. Remember the CEO bought more shares knowing that commons could be cancelled, I am more inclined to believe he knows more about all this process than we do. Check out his credentials
I mentioned this yesterday but it's worth reminding folks that we should also keep a close eye on the website of the successful company - especially if they're not a listed company to see if they put out a press release and also state they will be using the BIOA listing as a vehicle to reverse their company into, to up list.
It makes sense. After all why pay all that money then go through the whole process of applying for a separate listing which can easily take a year to eighteen months and cost several more millions.