GREY:WFEMF - Post by User
Comment by
MarcusAureliuson Jan 29, 2015 1:16am
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Post# 23375697
RE:Objections against Merger / Lawsuit
RE:Objections against Merger / LawsuitWoulfe Mining recently issued millions of shares during the past few months to pay for work being done on the project. I'm sure Woulfe's creditors are anxious to dump their shares now that the 4 month hold is nearly up. I think the stock price will plummet after the shares are consolidated for this newly merged company. Plus management will be able to issue millions of new shares of stock with the consolidated share structure. This merger seems like a sneaky way of doing a reverse stock split.