Big Banc Split Corp T.BNK

$20 million USD in escrow acct in Canada

[QUANTUMJUMP]

July 30th Geo Jade adds a clause stating if they do not have SAFE approval by Sept 30th

BNK can walk away and keep the $20M

[snake123]

This post has been removed in accordance with Community Policy

[GoGoGoniko]

this company worths more if the sale doesn't go thru might drop to $1.6-$1.7 max But I know so well about the Chinese and this deal is done deal.. seriously...lots people higher up in China know about this no way it's going to derail

[staz]

The thing is, as the experts righteously say, that the stock market is all about timing. On August 11 the stock traded between $1.96 and $1.70. In one day. That's the spread we are waiting for for several months already, just 25cents. In these terms even the Snake potentially could really earn some money on drops-and -ups and shorts. I don't think he did though. Too much talking. It's

[braincloud]

You don't have any idea what the company is worth if the deal goes away! First I will point out that there aren't any drills operating currently so that means that production numbers will be declining about 15% . Secondly, their price for the oil they sell has dropped percentage wise because of slowing demand for the crude they produce. The only thing that BNK has going for it ( if the

[Quinto5]

As I read your post, am starting to realize that you are encouraging the view of snake123 and others that are short this stock.

[StockInvestor16]

I agree, BrainCloud is a shorter and is in cahoots with Snake.  Did anyone see the short report ? Snake, BrainChild you may want to have a look.  LOL....