A re-valuation of the purchases? Is that what they are saying? Why revalue them now?
The purchase price has been allocated to the assets acquired and liabilities assumed based upon management’s preliminary estimate of their respective fair values as of the date of acquisition. Therefore, the actual amounts recorded as of the completion of their analysis might differ materially from the information presented in the unaudited pro forma combined financial statements.
Do you have any articles or statistics on what happens to stock prices on average in relation to JBII the day after a NT-10K was filed? I'm a bit concerned how JBII will perform today since they filed one last Friday.
I can't seem to find anything about stocks blasting to 8 month highs the next day. Thoughts?