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Re: Philvb post# 305

Thursday, 06/09/2016 11:00:32 AM

Thursday, June 09, 2016 11:00:32 AM

Post# of 7975
Looks like a pretty small player. Total market cap C$7million AFTER jumping 128% today on the announcement of the Gulf deals. New mgmt team appointed 6/6/16 so maybe the new team has brought money. Their last posted financials as of 9/30/15 didn't show enough cash to make the $200K payment much less all the other obligations noted in the PR. Maybe new mgmt invested cash when they came in?


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