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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Twin Butte Energy Ltd
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Comment by NuWaveInc45566on Jul 18, 2016 12:58pm
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Post# 25062082

RE:RE:RE:RE:RE:RE:RE:The deal is economic by ripping off the debenture holders

RE:RE:RE:RE:RE:RE:RE:The deal is economic by ripping off the debenture holdersHellow Again Ariesleaf:

I continue to understand your frusteration and your posts are examples of someone who has been deeply  wronged.  

The points you raise are very good.  It appears suspect that the management team is staying on with the NewCo.  It appears that the Deb holders are getting the shaft and it seems that there may have been other options out there with better potential for shareholders at the expense of management. 

If you believe these things to be true, vote No and see what happens. 

As it stands now, the market knows exactly how much TBE is worth and there has yet to be anyone throwing in another offer.  This should be telling to any casual observer as if there is no competing offer before Aug 10 then there is no additional upside for any stakeholders. 

At which point, a Yes vote seems to be the best outcome for all parties. 

TBE Now-Hiring:  White Knights


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Dealroom for high-potential pre-IPO opportunities