Long Run Explor Ltd Ord WFREF

RE:I hate to say it but

[Reflect]

Share price does not pay down debt.
A reverse split at this time is redundant & will offer no share value whatsoever. If you are referring to a reverse split due to bankruptcy I would strongly suggest you read about how bankruptcy works & protocol & do you due diligence for LRE.
Before bankruptcy is even considered there has to be a default or pending default of payment to the “Creditors” & LRE would first be filing for bankruptcy protection – but this would not happen until all avenues of mediation & solutions had been exhausted & then the creditors would  themselves get together with lawyers etc. as to how to proceede with a petition to the courts. And on & on it goes with delisting etc.
 
LRE is producing & bringing in monies & paying out monies from properties with proven reserves & future reserves. In bankruptcy, the courts are the authority & all claims etc. would be submitted to them for their scrutiny & approval & on it goes. Believe me, no-one wants the courts involved with hundreds of millions of dollars at stake let alone the possibility of government interference.
 
Only a fool & I mean literally a fool would even suggest at this time to sell LRE & take a considerable loss. A broker who suggests this to their clients at this time should have their license revoked.
Take the goomer-head Shlinker – he comes on this board & lies straight faced that he would take a 88 thousand dollar loss just to keep 12 thousand at this time even though LRE is in a deal making process & is not even close to filing for bankruptcy protection or waiting if there are other deals out there or if the oil & NG prices will rise etc. or if the Creditors & LRE can come to some kind of arrangement (talk about jumping the gun).
Shlinker actually thinks were the fools & he’s playing us. Shlinker is not only a fool but excrement – a two faced liar.

Say all you want about reverse split - it is a moot point.