Wolverine Energy and Infrastructure Inc WEIIF

Wolverine Energy and Infrastructure Inc. is a Canada-based diversified energy and infrastructure service company. Its operations are based in Western Canada and the United States. It services both conventional and renewable energy sectors by providing specialized equipment rental and infrastructure services, including production testing services and rentals, oilfield and energy rentals, heavy equipment rentals, civil/infrastructure construction, and environmental clearing. Its operations include Energy Services USA, Energy Services Canada and Infrastructure Canada. The Energy Services USA operation includes rentals and production testing. It offers a range of tubular and oilfield equipment rentals and sales, from down-hole and surface oilfield equipment to well control and pipe handling equipment. The Energy Services Canada operation includes production testing, water management and surface rentals. The Infrastructure Canada operation includes construction and heavy equipment.

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Wolverine Energy and Infrastructure Inc > Swimming against the tide

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Comment by sUfc1889on Jun 21, 2022 10:57am

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Post# 34771161

RE:Swimming against the tide

there's nothing left to sell, all the assets have been used as collateral for loans, sold and leased back etc. etc. They have principal payments of lots of the debt outstanding coming up in the next couple of years. The "investment" in GIP was just a shell game, sending them a cheque GIP didn't cash and now that cheque has been returned. If the "investment" was real, why has the $50m not shown up in the share price?? WEII has a market cap <$10m, if they got $50m back wouldn't that market cap reflect that.

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