Tuesday, November 19, 2013 11:34:15 AM
I am glad I sold. It looks like Keek Inc is doing a reverse merger with Primary Petroleum, and that Keek is going to own 54% of the combined company.
Anyone looking to invest in an Oil and Gas company that was trading for near net cash, looks like are getting taken. To me it looks like Keek is going to 'gobble up' all of the cash that Primary had on hand, and sell off all of the land so it can 'gobble up' more cash on another 'social media' play.
I would recommend that anyone holding Primary shares should dump at market and move it to AMZG, if you still want something that is in the oil and gas business.
I consider it ridiculous that Keek appears to be in need of short term financing from Primary before the reverse merger goes through. i.e. If Keek is such a great company, why do they need $2.6 million, in stages, for doing the deal?
Louis J. Desy Jr.
LouisDesyjr@gmail.com
Disclosure: I own shares in AMZG.
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