Well it is plainly stated why the the monitor wanted it sealed . Although the facts are out now in the delaware motion Im not sure who you are meaning by THEY. Are you inferring that the monitor and the purcaser are colluding and trading on inside information?? And withholding material information from shareholders ?? If that is true the deal wont be so ironclad.
They use the excuse they want the deal sealed because if it fell through having the amount out here would be detrimental to the sales process again. I don’t believe that, the two strategic bidders were the highest bids anyway so what’s it gonna make the others bid higher? Kidding but anyway my point is that they wouldn’t have to keep the common shares issue hush hush just the bid amount so they could still release the fate of the commons while keeping the amount sealed. Unless the commons are part of the deal then they would not want that news out as it would significantly raise the pps IMO. Just news of any benefit to commons would raise this pps drastically. The other thought I have is I read the joint venture has to create a company based in Canada to get the NOLS which I believe they have already stated they are doing or have done. So why create a Canadian based company they could of ran this plant from anywhere in the world why create a Canadian based company unless you want the NOLS which are tied to the common shares. I feel we will benefit from the deal IMO.
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