VIRGINIA HILLS OIL CORP VFGGF

Good move by Virginia

[righand2]

Looks like they didn't want anything to do with the losers who destroyed Pinecrest.

" Pinecrest Energy Inc. has amended the plan of arrangement involving Cardinal Energy Ltd., Virginia Hills Oil Corp., the company and the company's shareholders. The amendment removes the step in the plan of arrangement transferring the employment of executive officers and employees of Pinecrest to Virginia Hills while all other steps in the plan remain unchanged. "

[yeolddog]

Good move???  WTF it looks like these pieces of sh#t are looking for a severance package. "Any severance obligations in favour of such Pinecrest executive officers or employees that remain outstanding following completion of the Arrangement will be assumed by Virginia Hills." They blow $600 million dollars and they are wanting a severance??  Where is the board of directors??