OTCPK:AETLF - Post by User
Comment by
BrendanCon Mar 24, 2016 12:22pm
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Post# 24697798
Game Plan
Game PlanIt seems as though they have a plan... Once they sell the property, they gain additional cash flow and release subsiquent debt. There is also some insider buying of which some were on the open market... With 27mil share out, they could issue shares for debt? Also, is this $15 million to be paid in full or is there a plan set out? IMHO, oil will rise slowly over the next 6 months and if they can get a repayment plan in place, shouldnt have an issue paying off $15 million over the next few years. All companies drop dividends firstly before they do anything, which these guys did. A lot of companies did it a year ago... Not many outstanding shares here compaired to a lot of Junior Companies. At this point, most companies have either gone under or are about to, at least Arsenal has a game plan and are treading water... All IMHO. After all news, we still see gains over the last 3 months. IMHO