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Re: Sckorpleo post# 3459

Friday, 08/07/2015 3:14:05 AM

Friday, August 07, 2015 3:14:05 AM

Post# of 4227
You assume that if HENC is out then their WI share is divided between Perseville and TGC. That is not correct, HENC's WI share reverts back to the original owners of the PEL's, that would have been ACOR/Sakhai but is now Perseville.
If HENC is out then Perseville will delay as much as possible or make sure the bill is high enough so that TGC needs to sell more WI to pay up, they will squeeze us till there is nothing more left for us.
You see, they are still only looking out for their own interest, not us TGC shareholders...It is not in our best interest that HENC is out, they provide the necessary balance.