Reconnaissance Energy (Africa) Ltd V.RECO

StinkyFish working for a major or just a crooked broker

[teheran10]

.....Stinky, you gave me a bunch of shares practically for free this morning so I thank you for that. In terms of your conspiracy theories, you are a coward to accuse people of crime but you have no guts to say who you are. Go to the Exchange and tell them about your findings. You are a scummm for spreading false accusations.

[veryfishy]

I have said repbeatedly the   RECO-ROE  $100,000 to $18.6 million lay up for Mr Steinke is completely  legall and that it  stinks, but it is absolutely  legal. The lay up speaks of how the RECO board is a rubber stamp for the original founder of RECO, yet who is no longer on the board or part of its management.  The RECO board screwed RECO shareholders by selling

[Ebenizer3]

uhhh... renaissance paid $100k for an option in a basin that hasn't produced a barrel of oil, and since the nr all of a sudden there's a 50% stake in Botswana that has caught somebody's attention. And it's obvious someone approached roe about botswana. If reconnaissance didnt take action there would be a revolt among shareholders. If u did ur due diligence u wouldn't hav been

[veryfishy]

As I said previously,  emotional and rude people are almost always bad investors who buy high and sell low. Throwing out insults may give them a thrill but I can only imagine the multiple of  their losses to their gains realized over the years  

[CoreyB]

I'm rude and you're a fking idiot, I'm also in at $1.14 so I guess your theory is debunked.

[veryfishy]

In at $1.14:  Terrific.  NOW  -- having thown down your handbag a few times  -  Calm down and sell 25% of your holding to reduce your cost below zero. One has to sell  to  actual make money. Paper profits and bragging about them is a fool's errand.

[veryfishy]

No. It was Mr Steinke who  paid $100,000 or his wife did , personally via  a private holding company, then laid that up to the ROE shareholders for $1.3 million - $100,000 in cash and 30 million share dilution to ROE shareholders, then layed that up via a merger / ROE  sale to RECO for $18.6 million in new  RECO shares, more dilution.

[Ebenizer3]

So when this transaction took place which was done out in open where everyone including you could see it and you said what? ....let me help u ...u said nothing, zero. When I read about the option for botswana I bought X amount of shares before I finished reading the nr. renaissance was 0.04. Was hoping it reached $1, oh well. If you want to help someone head over to 88e and help those people who

[peterj99]

You posted "The RECO board screwed RECO shareholders by selling lands for $100,000 in June 2020 and now is buying those same lands back for $155 million in new  RECO shares, diluting  RECO shareholders by 15% in new shares issued. You pay for that dilution." So if you bought under say, $5, you are being screwed because the shares are $7? I guess getting screwed can be a good

[veryfishy]

Just exposing fishy deals. If RECOs board has such  callous and reckless contempt for the minority shareholders, history shows that it only gets worse. U. S.  shareholders sue (so called class action  "strike suits"    and a death spiral ensues.