RE:RE:RE:I Don't Understand?
I know Oiler. The $4.1 million (or 6 cents a share) being an offer to the share holders is the best case scenario of this and even that sucks. If they are only buying the guts and leaving the shell (after another read, that is the way it appears), then the liabilities stay with the shell. If that is the case then the creditors would only allow this sale if an agreement for payment was part of the deal. If that is the case then all of this may very well end up being a financial wash.
If that is what this amounts to then you the share holders may end up owning nothing more than a delisted empty shell floating around on the CNQ at a half penny....or they may just shut it down completely.
These guy's really do need to step up to the mike and clarify this...but how many times have variations of those words been spoken on this board?