Palliser Oil & Gas Corp. PSLRF

This Financing is the only relevant issue

[8675309Jenny]

I recognize that everything from mgmt. to operations means a lot to many people, but the reality is that's its not relevant. The company has raised 10m dollars at $1.25. They are now proposing to raise 15, dollars at $1.50, a 20% increase. The 1.25 was done at the equivalent of 19c a PXL share. The new issue will be 20% higher, or 23c a share. To make this financing fly, they will need to have PXL trading somewhere from .28-.30, or this financing will not happen. So you have several things happening here .... you have a new floor for the stock, and old PXL shareholders own very little of the new company. Now they have bought about 4-5m shares already, and they will need to buy another 4-5m shares to secure the deal, secure the financing, and get this company off and running. like it or not ....... it is the ONLY relevant investment decision. So you can buy when the stock begins trading again and make 60-70%, or spend time here complaining about everything, which will not matter in the end.

[roscoe74]

In one sense, jenny is spot on. The only issue shareholders have is whether to vote yes or no to this deal. Whether or not Maha has the ability to add value, whether PXL's existing management is capable of executing guidance, whether insiders are feathering their own nests at the expense of shareholders has absolutely no bearing on whether this deal flies or not. What jenny fails to mention

[rsprick]

Respectfully disagree with Jenny that it is the only relevant issue. I do agree, however, that it is a very important one. But there are other relevant ideas to consider - one being the lack of information and another - what is the per share worth of a break-up by selling parts? I know the BOD wouldn't consider it but if it's higher than 19 cents ? Be nice to know so it becomes part of my