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Manitok Energy Inc MKRYF

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

Bullboard Posts
Post by PATRICK24SERon Feb 12, 2018 2:19pm
115 Views
Post# 27546002

curious

curious
ty for that what i got out of that filing was national bank doesnt think there is enough assetts to recoup there money page 11 .... stream not sure who they are  are offering a new loan of 25 mill .third there will be dilution of the cel notes with a value of 21.2 million thats a brutal amount of dilition , and last the directors have put in a request for 500 k to guarentee they recieve there pay while this plays out ..... in conclusion im guessing if anything we the lowest stake holders in this might get to keep 6 to 15% of shares but im not expecting anything more . im not bashing just being honest can anyone off the top of there head remember a company going through this come back to life . 
Bullboard Posts