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Linn Co, LLC Message Board

  • saywhatup saywhatup Aug 9, 2013 5:21 PM Flag

    Amended S-4 filing

    I'm surprised that no one here pick up on the significance of the filing of another amendment to the S-4. This was done yesterday and mentioned in passing on the conference call. What is the significance of this filing? My sources (who are smarter than me about these things) tell me that this filing was probably done in response to SEC comments and that there is always a chance that there may be more "comments" by them, there is an equal chance that the SEC will be satisfied and the registration (and therefore the merger) will proceed. Timeframe, if all goes well points to the end of the month or the beginning of September. The significance of this is not lost on the smart money shorts who will start to exit or protect themselves. The dumb money shorts (which is all the shorts who read this board, probably) are going to be left holding the bag.

    Sentiment: Buy

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    • The important thing to know is what the amendments were and what effect they may have on the transaction.

    • I read it the same way. Linn is represented by big time lawyers. So is Berry. Many of their lawyers used to work at the SEC. They know one another. They talk all the time to try and resolve the issues and get the deal done. My timeframe is early September for the SEC to OK the S-4 and let the shareholders decide what they want to do. They certainly have all the information they need to make informed decisions about their investments. And at the end of the day it should be the shareholders decision - not the SEC or the class action lawyers- GLTA

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