GREY:PRBEQ - Post by User
Comment by
Burnermanon Dec 16, 2016 8:54pm
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Post# 25613350
RE:RE:RE:RE:RE:RE:RE:AGM
RE:RE:RE:RE:RE:RE:RE:AGMFor the security holders to push them into bankruptcy at a time when things are turning around in COQ's favour would not make very much sense. The company has proved they can pay down debt and that was when oil was below $50. They have also reduced operating costs. I doubt security holders would push the company into bankruptcy to get .20 cents on the dollar. It does baffle me why they would mention bankruptcy though. The " going concern " clause was enough to keep the stock price at the bottom. If Mr. Morrison believes in his company he will open his checkbook up. GLTA