01-05-2014, 12:36 AM
Art-Let me restate the minority interest is defined as the IPI and PACLNG . Per all written material and the CC these aggregate
partners are being bought out. Their interest is going to zero. IOC wil retain a 30 percent interest across the board. If they
certify more those partners will get paid more. Their model assumes the IPI and PACLNG wil receive cash payments from
2014-2020 . It's a win win scenario. The payment can be stock and cash but I can't see them using stock at these prices. But it's
not my call.
Today the stock trades as if IOC will have to issue all stock today to close and well that's just Fear Mongering. Not true and
will not happen.