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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Comment by renoit7on Dec 17, 2012 12:24pm
184 Views
Post# 20740250

RE: RE: RE: investeur

RE: RE: RE: investeur

That's why I suggested that people call the company on their own. I sent Donna at invester relations and email telling her that if she is wondering why people are calling asking about those 'supposed' details that the information had come from Sean, the next moring they sent out that press release.

 

And I have actually spoken to a couple other share holders who were told by Sean that a deal was signed and they were just waiting on a cheque. I don't know why Sean would be telling people that, but he did. I've pretty much come to the conclusion that everything he says is complete BS and the only reason he told me that was to get me to backoff on the questions about why they've been in a 12k/month office when the company hasn't done anything this year, and why they're paying an IR person when they only release a few press releases in an entire year, and what is he doing to justify the salary and the bonuses he's given himself. I should have known he was full of it when he said a company was willing to give him 20 million to recapitalize and prove the other assets. If that was actually the case Sean would have jumped on that in a heartbeat, he'd get a chance to prove the value of the company, and be able to pay himself very well in the process.

 

All I know is that Sean has been sitting there blowing hot air about how valuable the company's assets are, meanwhile he's got a 10 million dollar debt with a 15% interest rate, ridiculous overhead, and produciton that declines every day. The company is still valuable, but no one is going to pay what he wants, and he makes more money from not selling and continuing to collect a paycheck than he does from selling at 7 cents.

 

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