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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


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd > Management gets a $5.3 million signing bonus
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Comment by TradeTraceron Sep 10, 2020 4:15pm
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Post# 31535053

RE:RE:RE:RE:Management gets a $5.3 million signing bonus

RE:RE:RE:RE:Management gets a $5.3 million signing bonusThat would seem very foolish to pay $20 million when they could of just politely declined CNQ's offer in the first place. Hindsight is 20/20 but it's starting to make sense that management is front and foremost the cause of this fiasco. Even if this offer gets rejected by shareholders, we will be under the BOD's control until the next AGM. To be frank, I have started to sour on the entire BOD and blame myself for having such blind faith in a company's future, lesson learned.
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