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Manitok Energy Inc MKRYF

Energy Oil & Gas E&P
Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Manitok Energy Inc
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Comment by wittmannon Oct 16, 2017 10:15am
103 Views
Post# 26816099

RE:RE:I have to admit

RE:RE:I have to admitMuch has been posted here about worries about MEI going broke.I think that's nonsense.
What will happen is shareholders price destruction by way of a reverse split.This company is in
Expansion mode but the financial numbers don't add up.At 6 cents nobody is interested.
There is a reason for that and nobody here knows why.Waiting for news is useless as well.
A company with this many outstanding shares cannot keep leaks from happening.If 
impending news was so good MEI would not be at 6 cents.Something is definitely in the works 
but IMHO its not necessarily good for shareholders.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities