OTCPK:WSRLF - Post by User
Comment by
newtonboyon Nov 05, 2013 9:13pm
277 Views
Post# 21879486
RE:Chandler held 62.6 million shares before the sell
RE:Chandler held 62.6 million shares before the sell This is from the April 2013 PP.
"Pursuant to the Private Placement, the Richard Chandler Corporation ("RCC")
purchased 9,147,271 Common Shares and Crest Energy International Ltd.
("Crest") purchased 2,284,151 Common Shares. Following the Private Placement,
RCC holds 71,817,271 Common Shares (approximately 15.1% of the outstanding
Common Shares) and Crest holds 93,998,437 Common Shares (approximately 19.8%
of the outstanding Common Shares)."
I wonder who is buying these large blocks. Keep in mind that Chandler is heavily involved in Gazpron\Neft, the WZR partner in the Garmian play.
This play brings new meaning to "tight-hole status".