EF EnergyFunders Ventures Inc V.EFV.H

insiders

[alfee555]

looks like the insiders have about 60 percent of this one, could be one to watch at these prices, just my 2 cents worth, haha

[Stooge]

Yes, could be interesting. With today's announcement that $3 million plus in debt will be converted at three cents those insiders must have some scheme to get out of this. A staggering roll-back seems inevitable.

[alfee555]

Under most shares out issues like this amount I would agree with you, But the insiders own to much stock here to roll themselves back, I think.  I would think untill they have at least done one run up to the double diget prices.  soon I hope. 

[Stooge]

That falsely assumes a consolidation of shares is a bad thing for the shareholder.

[alfee555]

There have been very few roll backs over the years, that I have been in that are a improvement, but they are few and far, but I can't even remember them.  The last Roll back I was in was a stock trading in the 4.5 to 6.5 cent range, they did a 9 to 0ne roll back.  The stock did trade as high as 65 cents afterwards, but was finananced at .36 cents Private Placement with warantts at 40

[Stooge]

When companies trade at less than five cents I believe they can be delisted from the exchange depending on circumstances. When that applies, the choices are to roll back or get delisted. Paleo's consolidation history is 1:8 in 2003 and 1:8 in 2010. Please, stay tuned .....

[sawrie]

Stooge you have no idea what you are talking about. Anyways, insiders own over half this stock so its a good bet something big sits quietly behind the curtains and will be unvailed in the future. Very undervalued stock IMHO.