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Nexera Energy Inc V.NGY

Alternate Symbol(s):  EMBYF

Nexera Energy Inc. is a Canada-based energy company with oil producing properties in Southwest Texas. The Company is engaged in the exploration for and development of petroleum and natural gas properties, principally in Alberta, Canada and Texas, USA. The Company is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon Projects. The Lavernia project is located in Wilson and Guadalupe Counties, Texas. The Wooden Horse has approximately four leases totaling over 500 acres in the Kingsbury field, which is located in Guadalupe County, Texas. The Stockdale Horizon project is located in Wilson County, Texas. It also owns 100% of Production Resources Inc. (PRI), a South Texas oil company. The PRI project is located in Atascosa, Bexar and Medina Counties, Texas. The Company also owns the DCRC Project, which is located in Duval County, Texas. It has approximately five leases totaling 896 acres in the Piedre Lumbre and Petrox-Government Wells fields.


TSXV:NGY - Post by User

Comment by Notmyfirstrodeoon Mar 12, 2021 12:33pm
131 Views
Post# 32785991

RE:Here We Go .....

RE:Here We Go .....No worries about dilution they just did a rollback so they are good for a while. Remember that with this company shareholders are bag holders and just a way of getting money for the management of the company to waste. They have drilled two wells now that they won't release the numbers on. I guess the SP is where they want it and we can't except to much upward movement. Since they buy most of the stock when they do a PP they don't want the price to high. I wonder what kind of manipulation takes place when they do that. Do they buy it with a shareholders loan that's forgivable if it never gets paid back? Lots of borderline illegal things happen with these penny stocks and many of them are just salary generators for the people running the company. Very little risk when it's someone else's money and not much recourse for creditors. 
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