I think if MIHl clarified that at the time of questioning US oil and refinery had nothing to do with MIHL by legality...now however it must have been soaked up into the company. Remember MIHl is technically a holding company that has many different businesses...Dr. Husid cannot say MIHL owns or has a connection with a certain entity until they do. Therefore at that time they didnt. Furthermore until they did have a connection they most likely cannot talk about it with us until the appropriate time. I dont see a huge issue here because of this reasoning. I was also expecting MIHL to eventually set up the appropriate business entity to aquire the businesses they saw fit. In other wards MIHL could not technically aquire a business unless they were licensed or operated in that industry. By regulation MIHL must be in business in the appropriate industry. Therefore U.S Oil and refinery is the catalyst for such an aquisition. This is my take.
If MIHL tells me or you or any other shareholder something not backed by regulation, process or anything other than a legitimately backed reasoning then i too will have a small issue and proceed to inquire further into this matter until its well explained. After all the deal is done by now and therefore technically MIHL can talk about the details and explain to us where we are confused without posing more issues and questions.
But as i said before and i believe i posted it. The board members all have their own business entities and connections that MIHL will most likely utilize or aquire. That was the plan from the start and i did not assume any differently, seems thats exactly what happend after all.
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