OTCPK:OEXFF - Post by User
Comment by
ditchdigger251on Jul 17, 2018 1:31am
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RE:RE:CKE and IBR - the Bison connection
RE:RE:CKE and IBR - the Bison connectionfoothills, I don't believe for a second that Josh Young is selling. For one thing there's no insider trading reports (and there would be for shares Josh controls directly or indirectly such as with Bison). I have been in contact with IBR off and on since the Velvet announcement and I know they're very much interested in achieving maximum value for all shareholders. I don't know if you remember this but on Dec 15 2017 I responded to someone with the handle akjmi2015 who made a baseless claim that Josh Young sold $7.5 million of shares with another 20 million (shares?) for sale. Not only was that a false claim but Bison bought millions of shares more 6 weeks later. The claim was made by some yahoo trying to create anxiety for a company that now has has a growing record of success. I believe that's happening here so don't be fooled by those trying to sell cowchips as chocolate wafers.
There is a substantial percentage of IBR shareholders that will stand together with IBR's management and BoD's to prevent a hostile takeover. It won't happen (no low ball offer will make the 66-2/3% needed).. What will happen is IBR's work to increase production, cashflow and reserves. There IS BIG VALUE here. Patience. It will pay.