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Bullboard - Stock Discussion Forum Tamerlane Ventures Inc. V.TAM

TSXV:TAM - Post Discussion

Tamerlane Ventures Inc. > HALF A PENNY
View:
Post by Nibender on Dec 20, 2012 12:16pm

HALF A PENNY

Yes - it's true ... try saying that to yourself - two more times: Half a Penny.

HALF A PENNY: 30 million shares to raise $1.5 million - such a deal and then two Directors step up

to loan the company another $200,000 with 12% interest per annum. Most likely PK and the Rummy

but who knows, maybe MW decided it was finally long overdue to have some skin in the game.

https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31825294&l=0&r=0&s=TAM&t=LIST

This is one of the sadest excuses for a pubco I have ever witnessed. My condolensces to the geologists'

and technical staff who eke out an existence there who now find themselves trapped in a Catch-22

situation. Renvest can't take this deal PRIVATE soon enough. It's quite comical to hear the standard blah-

blah-blah on what the money raised will be used for: Just Shut the Front Door!

Comment by BT_Speculator on Dec 20, 2012 11:33pm
What are you smoking or are you mathematically challenged? 30M shares for $1.5M is 5 cents a share.  If they can close this deal good on them. We need to buy all the time we can get right now. It's our only hope.
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