re: Ann: CRC: Cortona and Unity Merger Court ... Thanks for getting back Oze.
Personally, I'm against this merger and am not happy about the non-vote. I would have thought that it conflicts with the 'spirit' of laws covering a board's limitations in issuing new stock. Seems a bit cock-eyed to me.
Have been around long enough to see some 'surprising' results to apparently clear-cut objections. So although you may have formed a personmal view that there is nothing to worry about, I will reamin very nervous about this matter until all issues are clarified and the appeal offically quashed.
My other major concern is that the appeal process can be a lengthy (and subsequently) costly one.
Those UML holders not happy with current situation will probably need to act before the CRC vote given the time constraints.
It will be an interesting few weeks and I wonder what the CRC holders will make of the independent 'unfair' assessment of the merger.
In any case, thanks again for responding.
Cheers
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