Post by
tooez1 on Nov 09, 2015 12:50pm
"Smaart" to have held this stock...
after accumulating for so long thinking of its links to Isreali oil/gas...LOL.... Couldn't have sold all my shares anyway, without taking a bath. Adira gets 10% of resultant company and likely is being used for the coming (hopefully) listing.
Those stock rollbacks provided the necessary apparatus for this deal to happen.
Have to say that the HALT did not have an initial positive effect for me since ADIRA had indicated that its office lease was up before year end and we all knew that it was low on money even with management cutbacks.
To come up with a deal at this point is fantastic...really hope that Adira's 10% turns out to have some BITE on the stock price...better than the "nothing" no doubt, which is where it was headed.
That announcement made my day/week/ month, etc. I don't hold many venture stocks (for good reason!), but this could prove to be very profitable. Luck all. Let's get the deal done so that my chortling has a basis in fact.