TSXV:VER.H - Post by User
Comment by
FATBIDSon Mar 28, 2011 8:01pm
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Post# 18352828
RE: Hmm.
RE: Hmm.I don't see how this could benefit VOG, unless they are going to be given options or warrants for being a non arms length partner. Some of the VOG staff are now part of the new management team but I still don't see any benefit. Maybe just a favor to VER so the VER people can get some cheap options if anything but i don't feel that either. Who knows.
I think most feel the dilution will be so great that once the news on the financing comes out we might hit a dime and these people feel that they will take the chance to buy in at below financing which sure looks like it will be below $.20.
I will bet that we will see a share consolidation before the end of the year also. Normally consolidations are not good for those holding shares at the time..
I will keep a watch for a little longer but I might have to eat crow and bail here soon. There might be a better opportunity over the summer if things keep going in the direction they seem to be headed.