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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

Bullboard Posts
Post by ziggy1on Aug 08, 2013 11:01am
328 Views
Post# 21656520

You don't do a 1 for 20 with 140 million out!

You don't do a 1 for 20 with 140 million out!
A 1 for 20 is when you have 700 million shares outstanding or a billion !

What good is taking us down to 7 million shares ?  We're still not going to get any GOOD financing. It'll all come from the Canadian broker/banker sharks. Why don't these *****s (management) ever simply put projects in care & matainess and wait til AG & AU prices start to fly.
Its all about keeping Del's paycheck coming in.

VOTE NO ! ! ! !
Bullboard Posts