TSXV:FCO.H - Post by User
Comment by
JohnEStromJron Jul 23, 2010 3:16pm
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Post# 17292867
RE: RE: RE: RE: RE: Again and again
RE: RE: RE: RE: RE: Again and againPeteyK,
Nowhere is the "recipient" mentioned? Are you speaking about the Coalcorp loan or the "private placement"? It's pretty easy to figure that one out since we only have the $10 million that has been discussed. Coalcorp was the larger of the two and a "private" placement was the remainder. That is NOT speculation - except to someone of low intellect or an agenda. The company didn't say who participated in the "private placement" but it sure wasn't the average shareholder.
I don't know the difference between a "private placement" and a loan? I DO know they both expanded the shares outstanding. I DO know that we shareholders weren't invited. I DO know that Coalcorp cut a fat hog. What more do I need to know? And I know those warrants are transferable into common shares. They were issued as part of a "unit".
You are coming unglued, PeteyK. Loosen your beanie! ;)