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Bullboard - Stock Discussion Forum Onenergy Inc V.OEG.H

ONEnergy Inc. is a Canada-based company, which is researching business opportunities and has not entered into any agreements. The Company's wholly owned subsidiaries include Sunwave Gas & Power Inc. (Gas & Power), 0867893 B.C. Ltd. (PVL), ONEnergy USA Holdings Inc., 2594834 Ontario Inc., and 10927040 Canada Inc.

TSXV:OEG.H - Post Discussion

Onenergy Inc > Staying current with Financials...
View:
Post by Jclately on Nov 29, 2021 5:52pm

Staying current with Financials...

That seems unusual,at least from memory.  On my trading platform the company overview has changed from a gas company and updated to searching for a bride. It makes a strange if not even cryptic statement that it's researching companies( not searching or canvassing companies) but hasn't made a decision yet....hmm...
Further,it goes on to list all subsidiaries?  Now one of them,in their filings states" under 50 shareholders"?  Can you claims edema and Co." As one shareholder? I don't think so...so are "we" excluded from the subsidiary or is there only a few of us( pheasants) left?  I don't know...
Am I just watching ice melt or is someone putting some heat on? 
So,unless they are blowing smoke they are actually or at least possibly crunching some numbers and working some kind of plan. God knows with this cluster of a debacle.
Comment by Jclately on Nov 29, 2021 7:55pm
Cede and Co. Wtf. Auto correct...  not edema!
Comment by mrmoribund on Nov 30, 2021 1:24pm
I'd guess they're looking to do one of these deals where they merge with some profitable (or potentially profitable) entity that would be able to use the tax losses. People should bear in mind that--if I recall correctly--ONEnergy itself was supposed to be one of these deals. I think it was Look Communications so long ago, another disaster with mountains of tax losses. The idea would have ...more  
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