123enen'So possibly CVI subject to market fluctuations and...

123enen
'So possibly CVI subject to market fluctuations and Pensador subject to "tangible valuations"?'

a.obviously the tangible valuations need to be attractive to CVI for the merger to take place, but in any case the assets cross for paper (admitedly our paper)

b.the operator must end up with the assets as the financier has no use for them other than as security, and in any case has not run them and cannot run them

there will need to be x shares issued and the number will depend on the market perception of the value of CVI post the merger not prior merger
in other words, the price of CVI shares should rise commensurate with the valuations of their impending acquisitions

shareholders will probably gain some further compensation from the issue other than the huge increase in assets for the dilution...options?

cheers