RE:RE:Funny thing about all this debate on value..."Cortona was originally formed in the spring of 2016 by certain of the officers and directors of Toscana to preserve for Toscana a strategic opportunity to consolidate the Company’s core Carmangay Barons Oil Pool in southern Alberta. As disclosed in a news release of the Company dated November 25, 2015, Toscana had an opportunity to acquire the assets that were subsequently acquired by Cortona, however, the collapse of oil prices that began in 2014 and the considerable tightening of the credit and equity markets that followed prevented Toscana from acquiring the Cortona assets at that time."