Post by
manstar1981 on May 19, 2011 5:13pm
pkp remain halted
any ideas how long it gonna take to review or receipt the required documents?
Comment by
ablekaak on May 20, 2011 5:45pm
I can't see it taking too long... but I am not sure what all is involved with this. I was thinking we should be trading again next week.?? Tuesday maybe?
Comment by
manstar1981 on May 21, 2011 2:17am
once it resume trading, the ppl will buy as much as they can under .05( if the opening price <.05) Roll back is not a back idea to shake out the weak hand:)
Comment by
bulhanine on May 25, 2011 12:51pm
As I read it, the company has committed to issue 2 BILLION shares to complete this deal FOUR TIMES the total shares outstanding. There is a ONE MILLION DOLLAR break fee that they have already committed to. If we look at the financial statements this amounts to all of the cash that the company has left, after we back off the burn rate.Can they do this without shareholder approval?