RE:RE:Target price $0.60 and up with 5 Strong Buys
Here's a link to the transcript of the conference call: https://seekingalpha.com/instablog/4384411-tommy-humphreys/2877363-full-transcript-of-petroamerica-oils-suroco-energy-acquisition-conference-call Here's the excerpt from the call. Note this part: "I would say that's on the agenda to propose to shareholders". JAMIE SOMERVILLE Hey good morning, thanks guys. Just with regards to potentially attracting more investors, I was wondering if you could comment on the potential for share consolidation and move to the TSX main board? COLIN WAGNER Hi, Jamie, it's Colin Wagner talking here. It's obvious with the number of shares that will be outstanding that consolidation will be something we'll strongly consider going forward in the future. As far as listing on the big board, again that's something to consider as well, but right now, we kind of like the freedom that being on the Venture provides us and it is still very attractive for us to stay there. It will be just something that we will continue to assess going forward and we will review our options as we move into the next phase of our company's structure. JAMIE SOMERVILLE Thank you. JEFFERY BOYCE And Jamie, it's Jeff. I'll just add a little bit to that. As you well know we will not be having a shareholders meeting for the Petroamerica Suroco transaction, only the Suroco's shareholders will be meeting. Clearly that would have been if we had appropriate time to do it. Our meeting is set for the latter part of November this year and I would say that's on the agenda to propose to the shareholders at that time. In the event there's any other business is done, it might be considered at that time, but it is definitely on our radar to address that item in the near term.