Replies to post #6707 on Cross Border Resources, Inc. (XBOR)

[SeaOhToo]

Ed, why would you expect anything different from Alan. No cash to do anything....and this is a good deal how?

[boomer23]

Not sure there is any "plot" involved here Ed. These were voluntary exchanges. There was no requirement on the part of any shareholder to participate. The first exchanges were actually consumated well over a year ago. From the filings you can see that exchanges took place at various times over the course of 2012.
As far as any "unlucky slobs", there is no reason to assume their exchanges will not be consumated as all others have. RDMP has outstanding stock purchase agreements which are binding. The fact of the matter is that XBOR shareholders wishing to participate have certain required documents to furnish. RDMP cannot consumate their own stock purchase agreement until all participating documents are in order. RDMP has no reason to not consummate and is likely waiting on participant documents to be in good order.