Stephens Inc. is acting as financial advisor to the special committee of independent directors in connection with the transaction. GulfStar Group was also engaged by the special committee to render a fairness opinion with respect to the transaction. Kelly Hart & Hallman LLP is serving as legal counsel to the special committee. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel
Sunrise Consulting Group, Inc. to Begin Due Diligence Process NEWPORT BEACH, CA, Jun 04, 2010 (MARKETWIRE via COMTEX) -- Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that Nourtech S.a.r.l has communicated their request to start the due diligence process as set forth in their letter of intent. The company intends to reach an agreement through a formal legal document that also requests a ten percent (10%) good-faith deposit from Nourtech S.a.r.l as part of the undertaking. Nourtech S.a.r.l has confirmed that they are prepared to place the ten percent (10%) deposit upon an undertaking from Sunrise Consulting Group to proceed with its due diligence.
That is all positive-I guess. I continue to weed through the posts and watch the tape but cannot come to any convincing conclusion this deal is real. What makes you think the information you just posted is nothing other than another pump up PR to create interest in the trade? HELP!!!!