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

Penbar Capital Ltd

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Comment by rallydriveron Aug 07, 2013 7:47pm

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Post# 21655504

RE:RE:RE:20 to 1 share consolidation .

IMO we are stable ( though pretty much valueless) at 2 cents.
Bringing it up to 50 cents by this consolidtaion only leaves room for it to fall back to 2 cents, as they have STILL given no indication how they intend to increase the stocks value. None at all, as far as I know.
So, just forget the consolidation and start actually managing this company to increase stock value.
How about, for the sake of some of us bagholders, sell either Idaho or Montana properties.
Then with the money generated, develop the property you have left.
We are told the idaho and montana properties have great value - words are cheap, the same as this stock.
And Oily, you were pumping the same story a year ago ( werent you?) - that someone was interested in Idaho.
Yet here we sit at 2 cents.

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