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Painted Pony Pete Ltd PDPYF

"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

Bullboard Posts
Post by astockhmm123456on Sep 07, 2020 2:32am
602 Views
Post# 31517441

Investor Help

Investor Help

The important question to ask is the following: Would a natural gas company need to sale itself for 69 cents a share if it didn't convert its huge initial market capitalization (ie over $14 a share) into natural gas reserves, expensive redundant land and generous executive compensations in the first place?
If you dilute the share value of your retail investors by issuing massive amounts of new shares for
the purpose of buying redundant expensive land, generous executive/employee compensations and debt, you can easily turn a company with a market capitalization above a billion dollars into a market capitalization in the few hundred millions in a relatively short period of time. Now if that newly converted company with a lowered market capitalization cannot cover its debt because of a lowered market capitalization what do you think the result of a creditor review will be?  Now the next question to ask is can anyone benefit by a strategy that will obviously and intentionally turn an over $14 per share company into a 69 cents per share company with alot of hidden capitalization converted into natural gas reserves. Another good question is to ask would a banking institution that shorts that stock at $14 per
share collect a lot of money if it indirectly could force the sale of that same company for 69 cents a share. Do you think that the money generated by the short sale could be enough to pay off the initial loan? Moreover, would the price of giving away the converted company that now only costs 69 cents per share company (ie instead of the original over $14 per share) with lots of natural gas reserves (ie potential future hidden money) fetch enough of a price to pay for the initial loan. Now if certain people planned this scenario in the first place would that constitute an illegal scheme. Would it be illegal for a company to intentionally work towards this type of detrimental end? Could this have been a scheme that effectively takes away from innocent retail
investors and gives to others who new exactly what would happen to the initial investment value of innocent retail investor? If so would that scheme be legal?  If not legal what would
such an illegal act be called? 

Bullboard Posts