linus - that's not exactly my understanding of the deal. I believe that Colorep has until 12/31 to decide whether to do the RTO (which means go public via CWBYF). If they don't, then Carthew retains its ownership of Colorep equity while also retaining the shell. I am viewing 12/31 as a win-win situation. It's been a long haul, but i'm actually hoping (and expecting) that Colorep will NOT go public via CWBYF, and that will allow Carthew to seek another merger partner (maybe oil/gas/??) in Canada.
On a side note, some interesting action today at .0092, with CSTI market maker bidding .0092, getting whacked, and then the resulting UBSS offer at .0092 getting taken as well.
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