Cionbasewallett @Boommer1974
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whats the ratio ??
Mark my words U WILL NEVER SEE A DIVI NEVER HERE !!!!!!!!
i have no idea how a stock can get this high in price its crazy i have XSR last earnings were 6 cents a share and .105 divided every quarter only 5 bucks a share?? go figure
big earning comming in Q3 id say
LOL no news is not good news i guess??
Parallel Energy Trust Announces Update on Bank Facility
16 Sep 2015 - ACQUIREMEDIA
CALGARY, Sept. 16, 2015 /CNW/ - As previously announced, Parallel Energy Trust ("Parallel" or the "Trust") has requested an extension from Parallel's lending syndicate of its US$165 million credit facility which expires on September 30, 2015. Based on discussions to date, the facility will not be renewed on the same or similar terms and conditions, and Parallel is working with its lenders on alternative arrangements. Parallel's Board of Directors is continuing to explore strategic alternatives as part of its previously announced strategic alternatives process. There can be no assurances that alternative arrangements will be agreed to with Parallel's lending syndicate or, given the current commodity price environment, that the strategic alternatives process will result in offers in excess of the Trust's current indebtedness.
ABOUT PARALLEL ENERGY TRUST
Parallel's assets and operations are located in the Mid-Continent Region of the United States and its portfolio consists of mature, liquids-rich natural gas assets. Parallel's common units are traded on the Toronto Stock Exchange ("TSX") under the symbol "PLT.UN" and the Trust's debentures are traded on the TSX under the symbol "PLT.DB".
Additional information about Parallel can be found on the Trust's website at www.parallelenergy.ca or in Parallel's annual information form, available on SEDAR at www.sedar.com.
ADVISORIES
Forward-Looking Information
This news release contains forward-looking information including statements regarding negotiations with the lenders and the strategic alternative process. Such forward-looking statements speak only as of the date of this document and are based on Parallel's current expectations and assumptions in light of information available to it at the time the statements are made. The statements involve substantial known and unknown risks and uncertainties, most of which are beyond the control of Parallel, including, without limitation, the commodity price levels, operations in the field and at third party processing facilities proceeding as planned, retention of key personnel, whether the strategic alternatives process will result in an acceptable transaction of any form and what arrangements the lenders may agree to, in addition to those risks and uncertainties listed under "Risk Factors" in Parallel's annual information form dated March 19, 2015 (the "AIF"). Parallel cautions investors in Parallel's securities that the assumptions used in the preparation of the forward-looking statements, although considered reasonable at the time of preparation, may prove to be imprecise and important risk factors discussed above could cast significant doubt on the Parallel's ability to continue as a going concern particularly if the value of the offers under the strategic alternatives process do not exceed Parallel's current indebtedness (see "Liquidity and Capital Resources" in the Management Discussion & Analysis dated August 11, 2015). Actual results, performance or achievements may differ materially from those projected in any forward-looking statements and the ongoing operations of the Trust are dependent on the Trust's ability to reach agreement with its lenders or secure funds through other sources from the strategic alternatives process to reduce or repay the credit facility. As such, undue reliance should not be placed on the forward-looking statements. No assurance can be given that the expectations set out in this news release will transpire in the manner expressed in, or implied by, these forward-looking statements or if any of them do transpire, what benefits Parallel or its securityholders will derive therefrom. Unless required by law, Parallel does not assume any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or circumstances or otherwise. The forward-looking statements are expressly qualified by these cautionary statements.
In this news release, Parallel and its subsidiaries are referred to collectively as the "Trust" or "Parallel" for purposes of convenience.
SOURCE Parallel Energy Trust
when do u have to have ur shares to get in on the 18 to 1 split?
make any money yet??
it does not say that it say trusstee abandoned the shell what ever that means??
Cross ur fingers for filling of a change in name and updated Finns all I can say?? Could take 6 months??
Cross ur fingers for filling of a change in name and updated Finns all I can say?? Could take 6 months??
I'd say they did!!!
and nothing LOL
.0004 see if i can get out with a shirt left LOL
my order is placed and open with both Questrade and RBC..
looks like we are in the Grey Market now LOL??
opening bell will tell hey
where u find ur information??
i say if wer dont see anything today then we trade tomorrow i hope LOL
i dont see why the sale would stop really the new buyer would still have to do all the filling ??
nothing here??
Mark my words this is in the toilet soon LOL
I lost 300$$ LOL
Just saying i was looking thew the dock and the sale was only Part of the shell maybe the trustee is abandoning what is left ??
I don't see anything in this that the sale did not go threw, the sale was only for the share structure and ticker i think ,,this thing is prob done but you never no we just have to wait and see....
No mention of the ticker Inn the doc we still have a little hope her we just have.to wait???
no thats fine
can u post the link
fingers crossed i got 3 million shares at .0001..
Probably we will here something next week??
Probably we will here something next week??
Hope ur right
Don't think we will here anything until after court man??
Let's stay positive I'm sure there lawyers can work it out anyone able to find out anything about mdx inc
its still listed if it was not you would not be able to find ticker when you search it ??
what about this part
U said it we just have to hope for the best of this new Co..
That right no dilution here shares are locked up and BK this could run to 20 cents !!!
#4 on the breakout board already!!
U one of them Wales lol I'm a
MacDonald to from Nova Scotia Canada