GREY:ROAOF - Post by User
Comment by
edsylon Jan 06, 2009 3:29pm
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Post# 15686346
RE: RE: RE: january 31st
RE: RE: RE: january 31stJust to be accurate, it was the BOD that rejected/cancelled the Cannacord financing due to the dilution.
The question should be why was a small Canadian player chosen to do a global shopping job in the first place?
I do not believe that Art had a lot of choice.
Perhaps he selected Cnnacord because of the relationship he had while building up the company.
I don't know the answer.
There are SO many questions that surround the Oilexco saga, and I wonder IF we will ever know the whole story.
To be sure, the complete financial meltdown and crude demand destruction( love that fiction!) created a perfect storm.
Time will tell.
Regards
Ed