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Bullboard - Stock Discussion Forum CONA RESOURCES LTD T.CONA

"Cona Resources Ltd is a Canadian company which is engaged in the exploration for and the acquisition, development, and production of petroleum and natural gas reserves in western Canada. The company owns an interest in Cactus Lake property, Winter property, Court property, Cuthbert property, Mantario property, Thermal properties and others."

TSX:CONA - Post Discussion

CONA RESOURCES LTD > RE: Canadian Regulator
View:
Post by Badstuff on Apr 12, 2018 11:30pm

RE: Canadian Regulator

On November 7th, 2017, I posted "Think About It".  At that time I called the Alberta Securities Commission at 1-877-355-0585 and spoke ( yes actually talked ) to an  investigatior about my concerns with WEF and their purchase of the majority stock of NBZ. He checked it out, emailed me the results and said there was no illegal activity with the financing. 
Right now, I don't give a rat's $&s about CONA. I don't trust that SOB if their is a no vote and I have sold the majority of my shares at 2:52 and 2:53. I have kept some and hope for a no vote, I don't care. If you want to have an investigation... that's the number to call. I am done with CONA and the pack of thieves running it.
Comment by NotanExpertDot on Apr 16, 2018 2:07pm
Thank youfor the telephone number, my loss is not worth spending time on this - I will use the link provided in another link to report - just to have closure :). I have lost 10s of thousands in stock market and did not feel bad. But this one is like someone robbing you of your money and then piss on you. All the other energy stock are up but they kept CONA down for soooo long to make a 50% offer ...more  
Comment by factRbest on Apr 17, 2018 8:55am
NotanExpertDot - (4/16/2018 2:07:57 PM) RE:RE: Canadian Regulator Thank youfor the telephone number, my loss is not worth spending time on this - I will use the link provided in another link to report - just to have closure :). I have lost 10s of thousands in stock market and did not feel bad. But this one is like someone robbing you of your money and then piss on you. All the other energy stock ...more  
Comment by xbox360 on Apr 19, 2018 5:11pm
If you vote no and WEF ends up taking up more shares, your shares will most likely become illiquid to trade. If anyone is not happy with the offer, they need to take it to the court privately as OSC or ASC will not do anything and no one is doing that. Only talking will not work.
Comment by NotanExpertDot on Apr 23, 2018 2:08pm
What has voting got to do with the liquidity of the shares. The company is going private - If the motion pass - Outstanding 30 something % shareholders will be paid of with CASH (liquid).  If the does not pass - The share price will likely follow the market and go up to around $4.00 where it should be now or the scumbags may just keep the price down to punish the retail investors.  The ...more  
Comment by factRbest on Apr 17, 2018 8:54am
When Cona cut the dividend which they claimed was sustainable to pay off debt the market reaction should have been an increase in share price. This is always the case if the market sees this move as improving financials. When the price took a header on the news it was obviosu something foul was going on. The market reaction to the news would indicate the company was destitute.
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