I Just read it and I couldn't believe what I was reading. It's like it was written by a third grader. Just look at one paragraph:
"The company notes that retail trading accoutered for over 800 million shares in the last week. This is an important point. It is well know that the aforementioned group controlling the 275 million shares does not use RETAIL traders."
I've sort of been following this stock for the last week watching it tank. Is this company for real? Who wrote this report? I hope it wasn't the company or anyone associated with them, wow.
From reading that it looks like SKGO management are not pleased. They can't complete this steel merger without a higher stock price. I think they might see themselves caught in a catch-22. Either hway, to issue such a candid statement is unprofessional.
Edit: I said complete, not the best choice of words. They cant be a viable candidate for merger without a higher stock price.