Generally in any commercial transaction involving two parties, the shares would have to be offered to the other party first. What it tells you is MM results are very good, why is this a problem 4 months later. So it might be something along these lines given ARV basically gave the project away. Otherwise both parties just don't want it heading to England.
I have my own ideas about whats going on and it wont be good for EEE
Writ served, page-3
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