from max arella email@example.com
date Wed, May 11, 2011 at 4:19 PM
subject RE: Hail First Pharma Buy-out
Unfortunately the value of the stock price is not reflecting all the efforts that we are putting to advance the science and the innovation we have in the company. We are working very hard to finalize the deal and advance the science at the same time.
I guess that June 1st is D-Day , for PRs at least :)
I have received from a couple of sources earlier today that PRs (either from HAIL or SPPH) will start rolling out around that time (around June 1st).
GLTA shareholders ..
my best assesment :
SPPH is on a blakcout until Hail starts trading. Official PRs will start to roll out by SPPH once you see Hail active .
Until that happens , it's difficult to get any timeline from any party regarding the next steps.
no reverse split = no news. :)
HAIL were actually surprised by the unfortunate delays by the Banks , that was totaly unexpected especialy that all papers were correct. It was a pure Bank delay !