OTCPK:BCTE - Post by User
Comment by
vwigon Jul 19, 2007 3:51pm
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Post# 13118808
RE: Serious Fundamental Problems??? or...
RE: Serious Fundamental Problems??? or...this is what I received.
Hi Don,
the company released a news release Thursday July 12 giving a corporate update on activities; see below for the news release. There is nothing fundamentally wrong with the company. I believe the drop in the share price is due to a financing that released shares into the market. The financing was completed in June 06 with a 1 year hold and went SEC rule 144 at the end of June 07.
Regards,
Bruce Nurse
Big Cat Energy Corp.
866-912-2283