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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Comment by FlipIT2wice-on Aug 30, 2012 3:50pm
164 Views
Post# 20281276

RE: Update....sort of

RE: Update....sort of

RE:

He said that he's aware that the value of Roncott and Windfall probably won't be realized in a sale of ATK, so those assets will most likely be moved into a different company and the MB assets sold. From the conversation I would guess that he for sale sign goes up in August and they start accepting bids in September, sort of just a guess but I am reading between the lines a bit, and he said that although they need the price to be above 10 cents to excercise their warrants, he knows that if it goes to a shareholders vote at 8 cents it will probably be accepted and he said he's fine with taking the money and moving on.

 

Interesting. Thanks for that Update renoit7

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