As much as I do think this deal is immanent, he’s my 2 cents as...

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    As much as I do think this deal is immanent, he’s my 2 cents as to why a possible delay:

    -Board would prefer to wait until all voting resolutions are passed before substantially affecting the share price. Ie, Hathornes purchases and director options.
    -They’re potentially stalling for the next US FOMC meeting (June 17-18), where the federal rate is managed. If the rate goes down here, this could make their debt/financial agreement a lot cheaper.

    However, this is all overthinking imo. This should be secured pretty soon, Summit has an obligation to lenders now to secure the deal, so pressure is on the board.

    I’ll do my best to stop checking my phone every 5 minutes now haha

    Goodluck to all!
 
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