Second Wave Petroleum Inc SCSZF

From Brookfield

[Oceans19]

re my email sent to Brookfield:

Thank you for your note regarding Second Wave Petroleum. Our investment in Second Wave Petroleum is held with other investors in a private equity fund we manage. I am not in a position to know the details about the company you noted below. I do know that a number of our senior managers are working with Second Wave management to return the company to profitability.  I will forward your email to our team working with Second Wave.

There were lots of crosses today within Scotia which accounted for much of the volume.  What is great in Venture stocks is that they can go up/down to extremes which presents opportunities. Brookfield still holds 49%.  They could let them fail or could work with them as the response from Brookfield states.  Other funds have sold off scs.to for their own reasons, the main being redemptions forcing selling at any price.  Retails love jumping off the bridge also.

There is opportunity here and an extremely favorable risk/reward trade present at the moment for those with the stones to jump in.  It's never been about catching the low or selling the high.  Build your investment and sift through the garbage and fear and look at the facts. 

Financials coming.  Invest at your tolerance level. GL to those that will hold, there is more than a few pennies to be made here and I for one am not selling my shares cheap.

[LexiOil]

Interesting so called letter from Brookfield.  I guess it would be of value to know when SCS was profitable, as the letter states...return to profitability.  Not sure who those senior managers are either, typically when you have a good management team like SCS, they run on their own.  This would appear to be a red flag for me, but maybe it is normal.  Finally, could you include

[Oceans19]

Lexoil, here it is in full:   Thank you for your note regarding Second Wave Petroleum. Our investment in Second Wave Petroleum is held with other investors in a private equity fund we manage. I am not in a position to know the details about the company you noted below. I do know that a number of our senior managers are working with Second Wave management to return the company to profitability

[digger36]

Is there anything new?   "...Our investment in Second Wave Petroleum is held with other investors in a private equity fund we manage. I am not in a position to know the details about the company you noted below. I do know that a number of our senior managers are working with Second Wave management to return the company to profitability.  I will forward your email to our team working

[Oceans19]

Nothing new on my end sending an email into brookfield.  Perhaps if more people send something in or call we will get a response from Brookfield.  I personally thing they have been waiting like dirty dogs to pounce on this item...   Give em a call or email..see what comes of this.