Morning back to you, Scruffy,

I noticed in the Prospectus that for Canadian investors’ tax purposes, (pg, ii, (2) ECU “expects to assign a value of $0.476 to each SR Share and $0.224 to each Warrant issued pursuant to the Offering.” (me) The dictionary defines pursuant as “following.” Pretty low for the stock, it seems to me, but maybe that’s where the current price is being taken. How convenient.

Also Page ii states “the Underwriters may, subject to applicable laws, effect transactions which stabilize or maintain the market price of the Underlying Securities at levels other than those which might otherwise prevail on the open market, in accordance with applicable stabilization rules.” (me:) As if that wasn’t obvious. Would that include walking the price down, I wonder?