Epic FMS mngmnt fail..selling 33% of FMSIN my opinion...and how other Co's work, that large a share should of been sold for a significant premium....like this Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO; TSX-V: EOG), is pleased to announce that the Company has entered into an agreement with Africa Oil Corp ("AOC") whereby AOC has subscribed for shares in the Company as well as entered into a Strategic Alliance Agreement to identify new projects to add to the Company's portfolio (the "Subscription Agreement"). Highlights: The Company is raising approximately CAD $14 million (8.46 million) by way of a subscription The price of the Subscription Shares represents a premium of approximately 28% per cent to the closing mid-market price of 0.375c (TSX-V) / 22.25GBp (AIM) on 10 November 2017 AOC will hold an interest in Eco of approximately 19.77% per cent. on Admission NO cheap warrants either. Oh look...EOG is trading within a penny or 2 of 52W high....not 2 pennies from 52W low like FMS. Debunking another FoolsGold post...FMS did not raise 33% of costs to build Lac Knife but sold 33% of FMS. Wonder how much of the $12.5M is still in cash-on-the-FMS-books? My gut tells me...less than $1M after working capital is deducted. How does one build a $160,000,000 project with that? .' Frappity, Frappity