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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

Bullboard Posts
Comment by naggedon May 11, 2012 10:48am
121 Views
Post# 19899044

RE: RE: tgif

RE: RE: tgif

a rollback wont do anything with regards to raising money, only ppisssofff existing s/h ers. most r/b's come at 400mil or higher so we have a ways to go, sru is proof of that , 700 mil so far. this can still drop a mite but the bottom could be close so nows the time to accumulate if that is in the cards for y'all but keep some powder dry just in case.  the manipulation could be for accumulation or not and we will never know the who or why so its a judgement call, just like in 08 when it crashed and the feeling was terrible but the buying was gravy.

Bullboard Posts