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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 SignorAndersonon Aug 19, 2020 2:41pm
97 Views
Post# 31429928

RE:RE:RE:RE:Painted Pony - Frozen In Time

RE:RE:RE:RE:Painted Pony - Frozen In Time

I would argue they should source alternative liquidity arrangements hence other possibilities. 

The best they could muster is a garbage offer selling reserves at essentially a cyclical low?

How about a merger? How about an equity infusion? How  about alternative financial arrangements. 

In this case shareholders get extinguished for a pittance and no possible upside participation. Utter disgrace. 
 

Hence the reason to shoot this down and ultimately the management that presented it. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities