News Focus
News Focus
icon url

uglypug

05/19/19 3:07 PM

#87252 RE: TenKay #87250

There isn't going to be a merger first of all, it's a consolidation, please read and educate yourself. And they will have plenty of cash very soon.
icon url

magikalalpha

05/19/19 3:16 PM

#87254 RE: TenKay #87250

I don't know the details on the acquisition so I don't want to speculate. But I spoke with Steven Rotman recently and I know it in my gut. If it can be done, they will do it. Will I raise a question if I think I need to? Sure. They bring a lot more intimate knowledge of the game plan going forward than I have. As long as I have a feel for the direction the company is headed, I am o.k. with the fact that it is their leadership in place. I hate late filings. I don't see a reason for them, with the exception of an extraordinary event, every filing should be as expected. Filings on time. I pretty much am comfortable with my position in the pecking order.
icon url

MTLTrader

05/19/19 4:47 PM

#87264 RE: TenKay #87250

It was already discussed, the deal will be half stock, half cash, and the cash payment will be done on many years so not a problem. For the stock part, nobody knows how many shares will be used, my guess would be 100 to 200 millions (assuming Rotmans is worth about 50 million $).
icon url

CA$H I$ KING

05/19/19 4:50 PM

#87266 RE: TenKay #87250

Read! It's been discussed many times. VYST