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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

Bullboard (GREY:AVNDF)

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Comment by eusdondon Mar 06, 2013 12:41pm

RE: RE: RE: RE: pace press release

Your statement could'nt be any closer to the truth than it is___ These guys have to be at the bottom of the barrell...I could have expected gutter trash like them in a U.S. company but I had much, ...more  
Comment by Kingscourton Mar 06, 2013 12:33pm

RE: RE: I wasn't impressed either

Mo, read an article the other day regarding this issue and it seems that most nat gas outfits are having a lot of trouble breaking even at these prices. That's the reason they are shutting in and ...more  
Comment by pwalk140on Mar 06, 2013 12:16pm

RE: RE: Just got some info

Unfortunately not, I'm trying to peice it together as some info trickles out.
Comment by Kingscourton Mar 06, 2013 12:10pm

RE: Just got some info

Pwalk, I don't suppose your reliable source offered up any information regarding specific reasons for this individuals no vote did they?
Comment by mo1975on Mar 06, 2013 11:53am

RE: I wasn't impressed either

Joe,  i am not well versed in the oil output,,, you seem to think that 12,000 boe is a great thing... why is it that with that kind of output a company is 153,000,000 in loss??? same with chx ...more  
Comment by freedom-1970on Mar 06, 2013 11:50am

easy takeover target!

Now at 120 market cap, 80 million cash! Someday must see a deal at taking us out!!>
Post by pwalk140on Mar 06, 2013 11:22am

Just got some info

From a reliable source that AVF is not the hold up with the merger. There is a single rouge holder with Pace that holds 8% and has voted AGAINST the deal. With his 8% there is a clause that if more ...more  
Comment by freedom-1970on Mar 06, 2013 11:10am

easy takeover target!

Now at 120 market cap, 80 million cash! Someday must see a deal at taking us out!!>
Comment by freedom-1970on Mar 06, 2013 11:07am

greed...

Been around long enough in the markets to know nothing will happen. We need to vote No!! Get a new board or sell the whole company!! It's over boys as AVF. >
Comment by indy94on Mar 06, 2013 10:49am

RE: RE: RE: pace press release

Their motivation was selfish greed for their severance payments, getting rid of them is not the answer, they should be investigated  and thrown in jail without severance.JMO
Comment by rad10on Mar 06, 2013 9:55am

RE: extracting facts

Had a chat with PCE IR yesterday before the release - they are going "on the road" to flog this deal to the intstitutional investors that voted nay.  They are open to other offers, but ...more  
Post by dave77on Mar 06, 2013 9:46am

tactics ?

I can't remember if it was Penny D or King C...who warned us that these exec's may use all means to push this deal.  IS it possible that Pace exec's told their accountants to write ...more  
Comment by Khersonon Mar 06, 2013 9:08am

RE: RE: RE: RE: pace press release

Eusdond,  This whole SpyGlass merger is looking more and more like a scam. Now we know that Pace is also in trouble financially(IMO) along with Charger. Either our management are crooks for ...more  
Post by mo1975on Mar 06, 2013 9:08am

extracting facts

For 2012, the Company had a net loss of $153.0 million. The per basic and diluted share loss was $3.25. During the year the Company recorded impairments on its property plant and equipment   ...more  
Comment by linus4on Mar 06, 2013 8:25am

RE: RE: pace press release

Ouch..PCE debt  rising by the qtr. , CHX debt unweildly ! Why on earth would AVF's board even consider merging with these two sinking ships in the first place? AVF shareholders would have a ...more  
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