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Re: Bobwins post# 17292

Wednesday, 05/24/2017 10:13:27 AM

Wednesday, May 24, 2017 10:13:27 AM

Post# of 17737
PONY TO looked further and SH's pissed...

...at this acwuisition which took share count from 100 to 160M while PONY already had 30 years of reserves. Also issued equity after a 45% selloff. Some callimg it the worst deal they have ever seen. 60% dilution.

http://paintedpony.ca/investors/news-releases/news-releases-details/2017/Painted-Pony-Announces-Strategic-Montney-Acquisition-and-100-Million-Equity-Financing/default.aspx

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