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Sunset Pacific Petroleum Ltd SSPAF

"Sunset Pacific Petroleum Ltd is a junior resource exploration company based in Canada. It engaged in the acquisition, exploration, and development of oil and gas properties in Tunisia, North Africa. The company properties include Bougie Trutch and Trutch East."


GREY:SSPAF - Post by User

Comment by BaIthasauron Aug 26, 2018 4:20am
54 Views
Post# 28518294

RE:RE:WTF a 10 old for 1 new roll back on its way.

RE:RE:WTF a 10 old for 1 new roll back on its way. Tbones N hash,


Ask yourself tow questions.  July 30 2018 a AGM mailer was placed on Sedar.  Mid Aug 2018 another AGM mailer was put on Sedar.  Sunset did not put these on Sedar.  sunset did not put the information out as NEWs.

SPECIAL GM is a meeting, seconds after the AGM business is closed.  Then the Special  starts.  Everyone is told to leave except the management.  This is moment that the company ROLLS BACK THE 73 million shares 10 old for 1 new.  leaving 7 million shares outstanding and then pays past management bills byway of PP at a discount and give options and WTs for doing such a good job.

Withholding your shares does nothing.  Your protest is a waste of time. 

In lots of companies that the management dumps all of trading stock.  Albert dumped almost all of his stock, prior to leaving.  I would guess that Management does not have any shares.  I could see Tom Wilson is short.  He will get all of his sold shares back after the roll back.

This deal has been rolled back a few time Tom Wilson has been in Sunset since 1981

Time for new Management.  Looking into making this happen.  

Roll Backs are way of managements rip off of shareholders.  Both, New and OLD  
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