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Gen III Oil Corporation V.PGK

"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products. The company's ReGen process utilizes common technologies in use throughout the world, but in a configura


TSXV:PGK - Post by User

Comment by jerrio78on Feb 19, 2014 10:30am
116 Views
Post# 22224660

RE:RE:RE:Deliberate Bankruptcy?

RE:RE:RE:Deliberate Bankruptcy?
CIBC was heavy on the buy at 4-5 cents a couple of weeks ago. Maybe they bought hoping for some momo and news that has not come out yet and decided to move on. Its hard to read the mind of a trader. So many zombies trade at 5 cents or under and then they get delisted. For some people who don't scratch the surface on this story it does look scary.

* Always conduct your own due diligence when investing and protect your money. I only offer my opinion on valuations and possible outcome.

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