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American Biofuels Inc C.ABS.H


Primary Symbol: V.ABS.H

Energy Oil & Gas E&P
American Biofuels Inc. is a Canada-based company. The Company conducts all of its operations in the United States and Canada. The Company operates through one segment: the acquisition, exploration and development of oil and gas properties including biofuel resources. Its wholly owned subsidiary is 1205742 B.C. Ltd.


TSXV:ABS.H - Post by User

American Biofuels Inc
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Comment by vcomtechon Jun 25, 2006 9:14pm
213 Views
Post# 11031222

RE: Insider activity

RE: Insider activityI checked the SEDI website and the warrants exercise price is $.35,which is at a premium to the current market price. Currently, the warrants have no intrinsic value since we are currently at $.195 Maybe the company has something significant and thats why the warrants are coming out. It is a good sign IMO. The share price has to rise quite a bit in order for the warrants to be of any value. Anyone else care to comment?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities