Thanks for the info. The paragraph you referenced is completely true. The whole thing is out of WLFO's hands. It is up to the two banks to get the deal done now. I understand what you mean by the "escape clause" but if it were me working in WLFO's place, I would have put a similar statement in. I wouldn't want to be held liable for something that I no longer control. The management is in the same position as everyone else now. Waiting with their fingers crossed. I appreciate the phone number but I have no interest in speaking with IR. They can't tell me anything I don't already know. It is just a waiting game now. We will see what happens.
BTW- I only invested a small amount of risk capital and losing it all would not hurt my feelings. I have done quite well recently on my large cap picks so a little loss on this would be nominal.
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