Manitok Energy Inc MKRYF

RE:RE:RE:RE:$.06 cents

[BigBalzac]

As a new investor here, under 0.07 looks very cheap! I was lurking on old Chinook BB posts and noticed a post about shares of CJ, PLX, and MEI being distributed to shareholders from their Craft spinoff. I'm think some of the recent selling pressure here might be a dump of the fractional shares... mind you I haven't been looking at the volume numbers. As far as management goes, they are likely looking to impress their 'newest' shareholders, and build confidence if they want these and other investors to hold and/or further invest more capital. Some rough math tells me they distributed shares roughly equal to 17.5% of the company to former Craft shareholders, so I'm sure management wants to retain and build confidence for this new blood because if not, they just dump and cash out and the stock will remain under sustained selling pressure and lower lows. I think there will be good news at the AGM and some positive news near-term from the company.