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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (6824)	9/10/1999 9:17:00 AM
From: HAZ	Read Replies (1) \| Respond to of 24921

Kerm / AQF / CEO It looks like CEO is playing hardball with the 2 directors that don't want to tender to the offer. CEO has extended their offer and if they get the 50.1 %, I'm suspect that they will pay for the shares with CEO shares. If they get control of the board, they will elect a new board that are sympathetic with their cause and the 2 X directors will have to submit to the open offer. CEO will pay the 4.? million of cash for their shares further screwing these 2 guys. I purchased some shares @ 1.02 and I will be tendering for CEO shares during this extention. The only other possibility is that a CEO ups their offer slightly to .50 of a CEO shares, but that option doesn't look to likely now with this latest press release. I only hope I get all CEO shares for my AQF shares, seeing how it is a better price. I also feel CEO will trade back to the $ 3 price in the next couple of weeks making the conversion even more attractive. thanks for your information. Cheers