Ann: FBR Panel Receives Application, page-6

  1. 2,899 Posts.
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    So an extension to the EGM will further delay 530k placement to Fidelity when FBR need every cent they can get.

    Hard to know but this seems relatively sophisticated and doesn’t make a lot of sense. Can’t imagine an existing shareholder maintaining their position should delay an EGM. Just vote on it.

    Maybe the delay is a tactic.
 
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