Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

TSXV:PEM.P - Post by User

Penbar Capital Ltd

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Comment by whaleron Aug 18, 2009 10:43am

194 Views

Post# 16227297

RE: RE: RE: RE: Playing games

They could have also repriced the warrants at a lower ( closer to market) price which they did not. I take that as a positive and agree that they have the confidence to "practically say" we see the stock at or above the warrant price something in the future as such theose investors will be getting warrants likely prices for the next expiry date "in the money"
imho

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