Replies to post #2387 on Atlantic Energy Solutions Inc (AESO)

[Mr. Zen]

It's moving in the right direction, only speed bump is Credit, should not be a big deal. This is a great one year plus hold.

[Gnarlyman]

Their creditor Montage originally had 2/28/24 as the JobMobz deal completion date when CognoGroup was added into the loan amendment. I think it’s done by then IMO.

I figure since they added it into the Proxy vote for the RCRT A/S increase to cover the shares issued for the Gologiq deal, that’s the holdup. That vote has not been completed yet and we are all in the dark as to why.

They said it was not necessary in one of the proxy filings to subject the JobMobz deal to a vote, but added it anyway. Which leads me to think if the Gologiq thing takes too long, they’ll go ahead and execute the JobMobz deal and file a new Proxy document.

From what I read in the Montage amendment, the JobMobz deal is required to be done first anyway to allow the Gologiq purchase.

GLTA
$AESO