Ok so we are back to the dominant ruling is 90 day period where converting is frozen. Obviously there is no need to hurry with the meeting for SH approval anytime before the 60 days (approval a given unless alternative financing not yet in place at that stage) then issue the balance of the shares within 90 days, of which we are expecting management to have arranged financing by the 90 day mark.
Well there are 2 clear sides here, those that believe alternative financing like the FT original deal or someone similar will come through or those hoping the 90 days elapses.
Meanwhile someone is buying up big at these levels.......
VEC Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held