Painted Pony Pete Ltd PDPYF

Energy

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr

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Painted Pony Pete Ltd > Will another bidder show up?

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Comment by Bertaboyon Sep 03, 2020 12:08am

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Post# 31499975

RE:RE:RE:RE:RE:RE:RE:Will another bidder show up?

In this current environment, where companies have been hemorrhaging cash, it is a short list that can look at bidding. I hope that one can step up. I feel the same as TradeTracer that Ward and the BOD had the trust of the retail investors in the las AGM. Obviously this trust in this management team was misplaced. Now all I can do is vote no to this deal. I will see where the chips fall after this vote and hope it is rejected! Then Ward and the BOD can be dealt with for their poor execution in the critical buisness decisions they made. Their handling of this company and the present position they have put it in is unforgivable. They want to walk away without having to be accountable for their mess. They are all overpaid from what I see in the books. The baggage they have saddled (pardon the pun) the company with is the reason for the poor offer and lack of interest.

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