TSXV:ART.H - Post by User
Comment by
eagle35on Nov 02, 2011 7:58pm
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Post# 19203915
RE: RE: RE: RE: RE: VST AND LFD SHOULD MERGE
RE: RE: RE: RE: RE: VST AND LFD SHOULD MERGEVST and LFD should merge and then sell Vast's $25 % stake on their block to finance LFD's operations going forward.These assssshole running these company's won't do this, they like to milked as much as they possibly can.At these levels to raise any meaningful money this company would have to issue over 1 Billion shares and that would mean disaster for the shareholders.We all know , once they issue that many shares a reverse split would follow shortly after.Here are my 2 cents, either they merge with LFD and then sell one of them to finance next drilling program or sell VST to Tony Hayward & co or some other company with deep pockets who is willing to pay fair value for this company.