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AgriMinco Corp ETPHF

AgriMinco Corp is engaged in the development, exploration, and evaluation of agricultural and industrial mineral projects across Africa. The company's project profile includes Southern Togo, Bassar, Danakil, and Oglat and Taoudenni.


GREY:ETPHF - Post by User

Comment by w2k03on Jul 11, 2012 3:12pm
364 Views
Post# 20103549

RE: RE: Scam?

RE: RE: Scam?

So let's see... They are issuing an additional 25MM shares (38.5MM instead of 13.5MM) in lieu of paying $2MM cash.  This results in a deemed price of
.08 per share.  Not sure how they will get a fairness opinion approving a value below 52 week low.  In any event, I'm taking my loss and chalking this up to hard lessons.  Very shady indeed.

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