Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by hoosier1on Dec 17, 2012 4:44pm
149 Views
Post# 20741851

RE: RE: RE: RE: RE: 3 Party Ownership Structure...

RE: RE: RE: RE: RE: 3 Party Ownership Structure...

It's Contract Law.... the % is whatever the agreement says it is.  Unless this agreement is altered with all parties in agreement then it stand as is... or unless it is ajudicated in the courts (per space's reference)

My argument isn't with the % - a higher % of OLE is better, yeah... but it is what it is..per the agreement or even a new agreement.  What I don't get is this peculiar attempt to assign shares to Bendon or Badr.... what's up with that.... you wrote:

"OLE 136.6 million shares. That is a fact minus options which I have been told may be handled separately.

Bendon roughly 20% less or 110 million shares. I have heard even less.

Badr a maximum of 10 million shares."

What? this makes no sense...Why are you doing this?  Bendon has NO shares in OLE... or OJVG... why are you assigning shares?

h1

<< Previous
Bullboard Posts
Next >>