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Petromin Resources Ltd. V.PTR.H

"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property."


TSXV:PTR.H - Post by User

Bullboard Posts
Post by easyoasyon Jun 06, 2016 2:13pm
116 Views
Post# 24938669

Consolidation

ConsolidationLook at it this way folks if you had a stockholder with 4million shares and he was giving you grief what would you do?
Me I`d do a 1 for 10 rollback then start diluting it out again , if the guy with the 4 mill (now 400K) did not buy to keep up with the dilution his holdings would be worth a lot less , and I on the other hand could issue cheap options to myself to compensate for dilution , just saying thats how I would do it.
Keep your eyes open ,when driving is highly recommended.
Bullboard Posts