RE:dilutionIt is easy and normal to blame the management, but it's not fair to accused PMT intentionally screwing the little shareholders, their only crime is they failed to see the OIL/GAS market is staying irrational longer than they can stay liquid, LOL, their game plan shows that they honestly believed the OIL/GAS market will recover some ground by Oct, well, they were wrong, they can be wrong again with this re-cap scheme, because they only plan for a one year of stability. which is still vulnerable to the glut.
Since the banks cut off credits to most OIL/GAS companies, in order for PMT to re-cap, dilution is bound to happen one way or anoyher, a "bought deal" probably dilute the shares worst, the long suffering longs is going to have some thinkings to do, LOL. the people that rolled their dice after the 24th of Nov. are having better options than old shareholders.LOL CHEERS GLTA.