If this is the case would'nt it put VPE in the box seat if they wanted ITC.They can take their holding up to 19.9% without competion from Beach on the open market.Hence geting the shares at .39c.A discount to Beach offer and then counter offer to take ITC out.
As said,we will know in a couple of days.Might pick up a few more tomorrow just for interest sake.VPE looking cheap to me an am still buying for a "hold" waiting on CSG certificates.