I am guessing that a time frame that we will hear from the company based off of their release Jan. 13th. Normally a publicly traded company that buys out has several steps to the buyout. Due dilligence includes a certified audit of all assets, accounts recievable and payables. With accounts payable being the last step. With EVDR announcing that they had a buyer on Jan 13, I would imagine that a price was agreed upon, certified audit completed as well as accounts recievables. Probably at that time the purchasing company wired a downpayment to EVDR. The balance will be sent when they review the accounts payable. Based on their auditors actually looking at all the payables that come in over the next 30 to 45 days, whatever their payable cycle is. Normally it is 30 days.. but not etched in stone. So I am thinking we could hear something any time.. or possibly not until the first of April. Just my guess based on personal experience from selling a private company to a public one and what is normal protocol.
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