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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Post by topgunon Sep 23, 2023 1:42pm
340 Views
Post# 35650769

RE: Share price

RE: Share priceWith the stroke of a pen the CEO just elimiated 311 million shares from both small and large inventors. Is this not anti-dilution? At present the company is valved at 78,000,000 x $1.10 = $85,800,000. One might care to remember that the infrastructure alone is worth $600 million, not even considering producing wells with more to drill in the black sea and land packages in TURKEY in a very light oil prolific area.  Art is not perfect and yes he has given very short notice of the consolidation and has made some mastakes, but even if the share price were to double to $2.25 ($.45) that is only a valuation of $175,500,000. So from that point of view I think that i will hang on to my "garbage" shares. Thank you. IMO.
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