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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by 403xyz1on May 30, 2012 9:51am
389 Views
Post# 19960061

RE: RE: This is why we Need LGY.

RE: RE: This is why we Need LGY.

Unfortunately, LGY will be in no rush to do anything. The rights offfering, without a backstop, will likely be undersubscribed. Then the stock will be rolled back 20-1. The price will start the downward drift that always seem to accompany most roll backs. Eventually, WHEN LGY is ready they will finance it at lower prices and we will be diluted even more. Game has been played like this forever by the big guys on the little guys.

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