Bullboard - Stock Discussion Forum VIRGINIA HILLS OIL CORP VFGGF

Energy Oil & Gas E&P

"Virginia Hills Oil Corp, formerly Pinecrest Energy Inc was incorporated under the ABCA on March 24, 2006 under the name Testudo Oil & Gas Exploration Ltd. The Company is a Calgary, Alberta-based oil and natural gas exploration, production and development company with operations in the Canadian provinces of Alberta and Saskatchewan."

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Comment by Shlinker_on Apr 23, 2015 11:23pm

RE:RE:RE:Need advice with this

Also had a chat with VHO CFO today - She sounds lovely. ;-)

Discussion

Comment by Shlinker_on Apr 23, 2015 11:22pm

RE:RE:Need advice with this

You are dead on louel. Cheers. Good luck to everyone (retails). id love this to trade upto 1.00 (after buying my arrangement right shares), but my borker says beware. i somewhat believe him... but ...more

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Discussion

Comment by louelon Apr 23, 2015 10:50pm

RE:Need advice with this

Look in your broker acct. You receive 8 rights for each VHO share held. My rights are already in my acct. You have 4 avenues to choose from concerning the rights. ...more

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Discussion

Post by Shlinker_on Apr 23, 2015 1:50pm

Trading....

0.60 cents = 0.006 cents. Thats right, 0.60 of a penny, or 60% of one penny (after the 100:1 roll-back). We consolidated at 0.015 cents, after the roll back we were 1.50. Ugly....

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Post by 360on Apr 22, 2015 12:51am

Anyone who paid more than a penny...

for this is toast, the roll lback is how they dump existing shareholders in order to suck in new ones to scam. Roll backs should be abolished.

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Comment by Shlinker_on Apr 21, 2015 11:42pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Valiant Trust Company, and Breakdown.

yep, agreed, expect a Private Placement/Equity Raise. They'll dilute the piss out of this soon enough.

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Discussion

Post by woodsnew1on Apr 19, 2015 9:27pm

Need advice with this

What are you guys doing? How would I not lose my entire capital invested with this? Either stay with VHO or completely get my capital back +/- $500?

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Discussion

Comment by baranjaon Apr 19, 2015 5:43pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Valiant Trust Company, and Breakdown.

Based on what I can see, This could be now: 80 Milion is debt: 1700 bod production 2.2 millon market cap

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Discussion

Comment by baranjaon Apr 19, 2015 5:25pm

RE:RE:RE:RE:RE:RE:RE:RE:Valiant Trust Company, and Breakdown.

Did Cardinal also assumed 10% of debt. I think they took 11 milions in debt too. Should the debt be 80 millions now or 90? What should be VHO bod now?

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Discussion

Post by stockuseridon Apr 19, 2015 12:35am

Pinecrest Energy changes name to Virginia Hills

https://www.stockwatch.com/News/Item.aspx?bid=Z-C:VHO-2268523&symbol=VHO&region=C 2015-04-16 19:53 ET - New Listing See Change Name, Roll Back Shares (C-PRY) Pinecrest Energy Inc ...more

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Post by stockuseridon Apr 18, 2015 12:06am

Arrangement rights - NR Dated 2015-03-04

Under the terms of the proposed arrangement, each Pinecrest shareholder will receive one Virginia Hills share for each 100 common shares of Pinecrest held. Further, each Pinecrest shareholder will ...more

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Comment by stockuseridon Apr 17, 2015 11:58pm

RE:RE:RE:RE:Valiant Trust Company, and Breakdown.

####################################### Shlinker_ - (4/17/2015 1:09:01 PM) RE:RE:RE:Valiant Trust Company, and Breakdown. Guys, the brokerages have no idea, that is correct, they can't make ...more

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Discussion

Post by stockuseridon Apr 17, 2015 11:51pm

Exchange of Common Shares

As part of the Arrangement, existing shareholders of Pinecrest will exchange their common shares of Pinecrest ("Pinecrest Shares") for common shares of Virginia Hills ("Virginia Hills ...more

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