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 elihoon Dec 08, 2011 9:25pm

283 Views

Post# 19305856

RE: Soon!

Soon is way too late for this one. Decay in the integrity here is obvious. At this rate they will increase the float to the point where we will see an eventual RS with more delution at another low. PP's at the low is the only consistent action here. This is what we got trusting a lawyer. This is a major failure and no promise will make it better. We all got our pockets picked. Who is making all the money? Was this a setup to fail? If this will be a leader going higher, I hate to see a loser going lower. This really is nuts! Nobody has a clue what is really going on.

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