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Gold/Mining/Energy : TDYH - Tandem Energy Holdings
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To: Glenn Petersen who wrote (6)1/27/2006 7:31:24 PM
From: eik  Read Replies (1) of 42
 
<<In addition, the closing is conditioned on holders of fewer than 20 percent of the shares of Platinum Energy issued in the IPO voting against the business combination and electing to convert their Platinum Energy shares into cash, as permitted by the Platinum Energy certificate of incorporation. >>
What exactly does this mean? I see this as the only possible obstacle to merger completion.
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