RE:RE:The "new" improved Paris Energy.
If the underwriters are willing to pay $2 per share in maple, they see value on the assets purchased. The reverse stock-split was a good move in order to reduce the shares issued. At this price, with $55m credit facility undrawn in the bank, good money can be made from this stock. This could be the next spartan energy, if the BODs play this right. .17c can be seen as the base price, with news rolling out in the coming months, the share price will only go upwards. FYI I'm loading up tomorrow!