Ann: 88E AND XCD TO MERGE VIA RECOMMENDED TAKEOVER OFFER, page-26

Mr Gates and others,
The horse has bolted and out of the gates. DW is one step ahead, by virtue of his position, wherein the grand plans is already written and regrettably all dissenting opinions and challenges are answerable.
A TOP inquiry will simply be told the merger benefits both groups of share holders as the perceived equity imbalance in favor of XCD is placated and nullified by the undivulged Charlie 1market update pending release.
Moreover TOP, the new entity will have a new name, larger acerage , very sound HRZ de-risked play and proven Yukon lease/s.
The new entity will have about 9+ billion share on issue. With such strong drill results from Icewine and Charlie plus our neighbors having significant proven commercial reservoirs 88e investors should not fear “failing quickly”.
All merger benefits and value added amalgamation of the two company asset baseS positions “New Entity” to launch a share consolidation offer thus bolstering tremendous shareholder value from a carefully constructed business proposal to take to the market which highlights augmented shareholder funds of $150m. Our historic transformational journey over 5yrars + incorporating many exploratory and deeply analyzed drill results has now amassed data of unsurpassed reservoir depth and latitude of light hydrocarbons as “condensate”. Now then, there is no F’n was to transport the condensate but let’s await pipeline construction by a Major.