FLINT Corp T.FLNT

Alternate Symbol(s): NWPIF

Energy Oil & Gas Equipment & Services

FLINT Corp. is an integrated provider of upstream, midstream, and downstream production services. The Company’s segment includes Maintenance and Construction Services and Wear Technology Overlay Services. The Maintenance and Construction Services segment is a fully integrated provider of maintenance and construction services to the energy and industrial markets. It provides maintenance services, welding, fabrication, machining, construction, turnaround services, heavy equipment operators and a resource/labor supply. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, wear plates and vessels for corrosion and abrasion resistant applications across various end markets. It provides maintenance, turnaround and construction services to the energy and industrial markets, including oil and gas (upstream, midstream, and downstream), petrochemical, mining, power, agriculture, forestry, infrastructure, and water treatment.

TSX:FLNT - Post by User

FLINT Corp > 600 million

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Comment by RealdealKPon Mar 19, 2023 6:54pm

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Post# 35347968

RE:RE:RE:600 million

There isn't any cash flow to pay canso on the preferred shares that is why instead of paying them interest they just issue more common shares to Canso and dilute everyone.
Preferred shares cannot change the board because they have no voting rights.

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