Sonoro Energy Ltd. V.SNV

MenaCo at 12 cents

[copperplay]

After giving effect to the Proposed Transaction, it is expected that the MENACo shareholders will collectively hold 15.2% of the issued and outstanding Sonoro Shares. The Company does not expect any new insiders to be created as a result of the Proposed Transaction.

Richard Wadsworth, Chief Executive Officer of Sonoro commented, “We are excited with Sonoro’s participation in MENACo, establishing a MENA country entry position in the oil and gas sector along with key relationships with major stakeholders. Directly and indirectly, Sonoro intends to support MENACo with key well management personnel applying our experience in the upstream oil and gas production and development areas to further support the national oil company in reaching their objectives.”

[Bestinvest1234]

Mr Wadsworth was the only person to exercise warrants which is concerning and no insiders buying retail at any time. This is definitely feeling like a very risky investment 

[ark88]

Mr Wadsworth may not have been th eonly person to exercise warrants. After the May 31 deadline, the share count increased by just over 3 million. Wadsworth exercise only 170k as reported. Of course we do not know if the rest were warrants, but given the May 31 deadline, its very probable that they were indeed warrants. If the deal is dead, I expect the shareprice to break from the range we're

[copperplay]

If Richard wants to redeem any credibility he has left will get this signed and announced tomorrow meeting the timeline given  or more of the same incompetence