Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: David in Ontario who wrote (550)	6/16/1998 11:48:00 PM
From: David in Ontario	Respond to of 2444

Now just waiting for the formal Aquasol shareholders meeting? I suspect that the due diligence between Napier and Aquasol has been completed. Following the DD the private shareholders of Aquasol are sent - via mail - notification of the shareholders meeting - and 21 days later (minimum required by law) the meeting is held to vote on the merger. I suspect that we are now in that 21 day period - don't know where - but somewhere in there. Owen Hoffman of Aquasol told me that when he had canvassed the private shareholders, that of the 75% he had talked to that they were 100% for the merger. The meeting will then just be a formality. I suspect that within a few days of the meeting that the (huge) all-in-one News-with-fundamentals will be released (which should also refer to Napier's links to Ford, Amoco and Textron as I said in Msg#546 here). This scenario makes a lot of sense to me. With the institutions now wanting `News-with-fundamentals' - and not `just another News release' what's the point of putting out News that the DD has been completed? That's not a fundamental - however - a formal vote approving the merger is one. I'll try and touch base with Owen/Jason tomorrow - if not - would someone else also do likewise and post your findings. What I'm looking for is the date of the Aquasol meeting. Thanks, David in Ontario