OTCPK:REMRF - Post by User
Comment by
loosechaingeon Nov 09, 2009 5:45pm
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Post# 16468912
RE: RE: RE: Ontex Warrants
RE: RE: RE: Ontex WarrantsIf my memory serves me correct I believe sprott was the major fund behind the purchase of shares and warrants from 2007 that have been extended. I think it is strategic in that you want the right investors getting behind the company going forward. The insider report for Ontex showed Sheridan buying lots of calls on Ontex stock at 50 cents. I have a feeling it is only a matter of time before we look back at this point as the beginning of a nice long term run.
Aslo nice to see both stocks on the uptick today. I think the major selling over here is done!