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Btw, I just read your post again. Once again, What you stated is incorrect. Nation Energy is the company that the defendants are part of with the plaintiffs. Nation Energy or the SEC is not suing, it’s the two disgruntled board members that are suing the rest of the board over a settlement agreement.
Get your facts right before making more false allegations. This is exactly what I mean about someone like you who is just out to sobatage a person or company for no apparent reason.
That a back seat and cool off!
Just noticed your post. Im not going to spend to much time going back and forth, but why would two board members want to sue 5 other board members.
I looked into this and its a perfect example of disgruntled directors (Plaintiffs) who were once executive management of the company for 3 years and got demoted for not doing their job.
In revenge, they decide to sue the entire board and make crazy allegations like RICO! Lol, that law was written for gansters not civil suits over a settlement agreement.
Come on, give this up!
Understood, but sometimes good things don't last forever. Especially when oil markets take a turn or new management takes over. People move on.
However, the one thing i really like about Fortem is its team. I've done some inquires about Caetano and this guy knows how to run a business. Im sure he is in control of most of the day to day business, which will go a long way. Plus, he's been part of the company since 2013 and did a nice job of building it.
Lets see what happens. If you invest now, you might make your money back :)
Finally a two-way street. Its about time he goes after the people who take advantage of him.
And its about time you put up a reasonable post :)
No disrespect James, but Im a Bruner fan. Ive made money on Falcon and Ultra in the past. In fact, Falcon was the highest volume trader on the TSX for three years straight when Bruner was CEO. Ultra did just as good.
Cheers!
Btw WJames01, why aren't you making all this noise on MGX's board? Isn't Bruner the Chairman of that company?
Interesting!
Even Warren Buffet gets sued - poor guy.
For those who are interested, Click link below regarding Warren.
https://www.gkbklaw.com/texas-breach-of-contract-lawsuit-filed-against-warren-buffett/
Your comments have no merits, just like the wrongful allegations against Bruner. Unfortunately, at times its just human nature for people to attack the person on top or find ways to target their riches - which you might be one of them.
Your clear motive is to disturb the shareholders in hope that you can harm Bruner or sabotage the company. Fortem has done nothing but good for its shareholders and has honoured all that they said they would do. If Bruner was out to jeopardize the shareholders, then why would he build the company to this point and what benefit would it be to him since he's an insider and his shares are locked. If he also chose to sell, then he would be obligated to disclose this.
Your intentions make me believe your a disgruntled individual who looks to succeed on causing misery (misery loves company) to others for some sort of benefit or reward like the law firm Faruqi and Faruqi.
If Bruner was convicted of these allegations, he would never of been allowed to act for any public company. My advise to Bruner is that he should sue you for harassment and defamation.
YAYA, you must be the driller!
Thats old filings, debt created from old management. Look up the latest 10k - they have most if not all that debt taken care of. Now with this PP I'm sure they will be debt free and cash positive. Every company has debt! Look forward to what this new management will do.
Checkout how tight this Share Structure is. http://www.otcmarkets.com/stock/STBR/profile
More great News, Private Placement announcement!http://finance.yahoo.com/news/strongbow-resources-inc-announces-closing-174112540.html
I agree that they are not the greatest MM, but they have this company all wrong and think that its a pumper. LOl. They are selling short and will continue to be short if they don't stop what there doing along other MM who might think the same thing. Let them pay the price later. STBR is solid and very tight, you can see that by the volume.
I agree Buc.
Bmak, will only lose at the end. Have you read the latest news for STBR? When they get their financing, i would like to see whats gonna happen to some of these SHORT mm.
Bmak, will only lose at the end. Have you read the latest news for STBR? When they get their financing, i would like to see whats gonna happen to some of these SHORT mm.
This deal is far from being a pumper. Real guys, real product - maybe they just want to create some market awareness. I know the team behind this deal and they are nothing like that.
A market cap is reflected on the companies value and sometimes supply and demand. 8 million seems more realistic to me than 31 million at this point. What does Holloman have to make it worth 31 million?
If the scales don't balance then the investors don't invest. Thats why Holloman couldn't do this themselves.
How they go about their raise or if its to benefit friends and family like you say - they still need to treat the market right or it just won't work. My point is, why would someone want to dilute a market with no facts or value! How would they attract other shareholders to help move a diluted market, when the scales don't balance.
All their friends and family like you claim would be stuck with worthless paper. You also have the chance to buy now as well - i don't believe your family.
Who CARES who puts up the money! Everyone has the same intention - buy low, sell high. If the company keeps drilling successful wells, then someone else will continue to buy. All this negative press tells me that - why would someone invest if they don't believe.
Good Luck
Most markets today run on facts not speculations, unless its a pump and dump. It takes time, money and making the right decision in growing a start up company. Trying to support your market while putting these things in place is more money out of pocket.
Market comes second and will correct itself once the facts start to come out and a solid business plan is in place. Remember, running a public company has two parts, the company and the market. Most people today tend to build company facts first, then work the market - a lot easier that way.
Sophisticated investors such as FUNDCO or high net-worth individuals, inject capital after they discuss the business plan in the boardroom to determine the companies future and fare market value - not a useless ticker price at this time.
Both, HENC and TGC will be a great success, but i believe TGC is the better buy and will win the race.
Cheers!
Whats wrong with converting their stock at fair market price ( .11) at this point in time. Were talking 3.6 million shares for something they made happen. Also, if they have all this money ready to go, then why wouldn't they issue it now before the drill announcement and take advantage of cheap stock?
Thats because they understand where TGC is headed ( not cents per share, but dollars ) and will raise the money at .25 to .30.
Example, 5 well program will cost about 10m ( 2m per well ).
10,000,000 / .30 = 33,333,333 million shares
I don't know how much more they would want or to be called greedy and also make their deal less attractive based on the dilultion your taking about. Makes no business sense and no company structure. You still need a good number of shareholders to create a market, so i don't see these guys creating all this paper to make their deal less attractive with no volume!
Yaya, i don't know where you get your info from, but it seems like you drink a lot of Vodka!
anyone on here
Hello, im new to this site, but a shareholder. Based on what ive read, there are delays due to weather? How long has this bad weather been going on for?
Wow! thats a great buy. Looks like this company is finally ready to make a move.