Solution Dumb dumb....thats me. Holds 3 S.I /pintree related companies including MOO, BWN and X-Terra. I've held x-terra so long the only thing that has happended is i lost more hair and didn't make enough money for a hair transplant. But at least my shares are backed by cash.
XT has idle cash, a good capital structure and quebec shale gas play that is and will be on hiatus indefinately. Essentially a shell.
So Sheldon.....lets do a business combination. 30:1 shares in XT. That will put XT at 16 million shares issued and out standing, capitalizes moo with $3MM cash and 2MM shares in BWN and addresses the management gap.
Win Win Win if you ask me. MOO shareholders get shares in a company with a good capital structure and enough captial to ward off any dilution or farmee delays. XT shareholders get something of potential interest to move it out of shell status.
All the pinetree/S.I connections are still in tact. XT has BWN, BWN has MOO, S.I is a director of all three.
Lots of synergies.
De-risks moo's near term sustainability. Results in a low public float that would launch like a rocket with success.
Lets make it happen. Freddi/bencro send Sheldon an e-mail!