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Bullboard - Stock Discussion Forum Atikwa Resources Inc. V.ATK

An oil and natural gas company

TSXV:ATK - Post Discussion

Atikwa Resources Inc. > Sale process
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Post by goldensasky on Jan 18, 2013 3:44pm

Sale process

I talked with one of the selling agents and he indicated that the purchasing company is waiting to raise money.  I think Kehoe needs a bit more rent (or xmas bonus)and maybe some of his associates are picking up some cheepies. The selling agent did tell me that there was some offers.  I was trying to narrow down who the purchaser could be but I am not sure.  I have some guesses but it sounds as though another smaller company.  Kehoe has his phone turned off and I have tried several times.  

I think they may have to come up with a contingency plan maybe sell to Legacy and take shares versus a new combined entity that is going to have little capital to spend.  Also once a deal is anounced just imagine the pressure to unload as shareholders are not happy to say the least.

Anyone else anything to report

Do your own due dilegence

Sasky

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