Painted Pony Pete Ltd PDPYF

Got a call from head office of Painted Pony. They wanted to.

[Mrlongpants]

Got a call from head office of Painted Pony the woman wanted to know my vote ....if it was for or against. I told them Against.
I also sat down and read the material that was sent...... $20 million penalty for  agreement not going through? What is that all about? This deal is stacked against us all. TD securities agreed that this is a fair value for Painted Pony.....$0.69......This is the average after  covid-19...... Igot into this stock because of TD Securities recommended this stock. I have a bad taste in my mouth Talk about Banksturds. United we stand. GLTALongs. Vote Against the efen deal....Anyone else get a call?

[Oldnagger]

20 million does not apply if we vote it down ; only if management accepts another offer or changes their mind

[Mrlongpants]

Is there a date when this expires?

[Mrlongpants]

The woman from Painted pony called again today. So i asked her if we are on the hook for the 20 million if this deal its voted down , and she replied yes. is this a lie? GLTALongs.

[Oldnagger]

From announcement on August 10 non completion fee is payable if either another offer or board of PP change their recommendations.No mention of shareholder vote.

[gonatgasgo]

Mrlongpants, Why do you think they called you?  Even if you are a large shareholder  (I do not know if you are or not) they would not have your phone number. Did you ever have a meeting with the senior management?  Obviously, they have your contact information on file. Does anybody know if the senior management get preliminary voting information (how many yeses vs no's

[Oldnagger]

They are calling everyone regardless of their shareholdings. The phone number is being provided by the banks. Which is strange because as I mentioned earlier they did not send the proxy material due to my prior instructions yet they gave out my unlisted phone no. This country is really starting to stink!!

[Ridgeback]

Not unusual. Companies wanting to get share holder votes hire a company to make an effort to get share holder votes. I had it happen this year with one of the mining companies I hold. While I don't like my phone number given to third parties much of this has been due to COVID19 and companies not being able to host shreholder meetings or events. Some just won't vote or may not see virtual

[Basil3575]

I have a feeling they are calling shareholders because it looks like the No Vote will win. Keep in mind we Retail investors own 70% of pony.

[Oldnagger]

A very good point, the decision is up to us. If CNRL and Painted Pony's Management had not been so greedy they could have offered more money to the shareholders and not the two proxy firms. Their lack of consideration for minority shareholders puts the lie to their ESG statements and will surely be used against them by various activist groups.  The lack of integrity exhibited is very

[JohnFriesen]

This post has been removed in accordance with Community Policy

[Ridgeback]

I Doubt it!