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

Bullboard Posts

Comment by gsgoldon Oct 07, 2010 7:54pm

461 Views

Post# 17543022

RE: Price retreat - another perspective

From the 2 tranche pp of Oct/Nov 2009 there are 13.5 million .30 warrants outstanding which were exercisable within 18 months. A year has past since with roughly 6mos remaining. Judging from the past trades I do not see any large institutional buys or any in the near term. The pp was for .20 per share + 1 warrant @ .30.

Bullboard Posts

Nextech CEO provides company update on Amazon deal and more