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Painted Pony Pete Ltd PDPYF

Energy
"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd
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Comment by righand2on Apr 20, 2017 1:01pm
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Post# 26143906

RE:[Question] Stock Dilution

RE:[Question] Stock DilutionUGR did take PPY shares as payment, so if that is what you call "dilution", then the answer is 'yes'. But when shares are issued to buy assets, especially as cheaply as PPY bought UGR, it isn't dilution on a per/share basis. I know some liars have tried to make it seem that way, but it is just a simple, outright, lie.
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