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Manitok Energy Inc MKRYF

Energy Oil & Gas E&P
Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Manitok Energy Inc
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Comment by investoil9on Jan 19, 2018 5:40pm
128 Views
Post# 27398067

RE:Disappointing

RE:DisappointingIMO, the way I would read that is that the creditors are making Manitok go this route via bankruptcy to salvage pennies on the dollar in court.  Could also be they have a proposal to claim bankrupcty and rollback / rename / merge / something to come out as some some sort of shell.  Either way, they are there for a reason.  Craft shareholders aquired for all stock must be estatic too!!!

Perhaps MEI can wrangle themselves out of this still but id wager higher on the carribeen stock exchange provided a bit coin loan to a bankrupt company.

Good Luck
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