% | $
Quotes you view appear here for quick access.

Yongye International, AŞ Message Board

  • kingfrogcash kingfrogcash Apr 9, 2013 7:19 PM Flag

    ABAX catch22

    ABAX added inspection of the 10k in their second filing. So the committe may not even have the financial means agreement to recommend. If nasaq is waiting for committee and ABAX is waiting for the nasdaq, we have a problem. The nasdaq needs to release the halt Wednesday for this to work, so ABAX can release the financing Thursday and the committee to meet Friday or Monday at the latest, to recommend by 4pm Monday. IMO

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think the financing is in place. I don't think ABAX is waiting for anything "to release the financing". The financing is there. Based on the filings, it will be taken away if the halt isn't removed by the 15th, but it is available to the buyers as of right now.

      At least that's how I read what is in the filings.