Re: Moving Averages
in response to
by
posted on
Apr 13, 2015 04:51PM
Multi-Billion Dollar Agreement Signed With Oman
No, it's true! We were discussing an unrelated matter when I asked if it was coming out soon (knowing he could not and would not answer). Then he told me he had just transmitted it to the SEC while we were on the phone (told me after he had confirmation that SEC received it).
So there. I do have magical powers. In my imagination, at least!
I'm still reading throug it, but the parts I'm most interested in were early on.
Still waiting for "Registration Date" which is awaiting signature by MOT (ugh, not again!). Once that happens, then LLC will be notified by MOH to come on over [for some tea] and, whilst there, sign the Usufruct Agreement ... and have it registered. That will then trigger management advising shareholders of the appraised value of the land. It also says that management expects to have the value of the PIK (aka, the land) reflected in LLC's financial statements on or shortly after the Registration Date.
So, I now have to move my hope and expectation for a Q1 valuation to Q2. Tired of waiting! Oh well, nothing unusual. Patience is a virtue, etc., etc., etc.