NEW DD APRIL 11 2017 CEGX
BREAKDOWN OF NEW PR AND LAST 8K SHARE STRUCTURE CEGX
COMMONS UNTOUCHED SO FAR, MIGHT BE A DECREASE IN A/S (NOT INCREASE) IMO TO GET TO WHERE THEY WERE BEFORE ON THE EXCHANGE, D SHARES ARE TO BE SOLD FOR FUNDING TO BIG INVESTORS WITH ROYALTIES AND INTEREST, ALL PERFERRED SHARES CANT BE SOLD FOR 6 MONTHS, 1.00 PER D SHARE 4,600,000 SHARES TO ISSUE, WHICH MEANS D SHARES WONT BE SOLD UNTIL THE STOCK HITS OVER 1.00 PER SHARE, SO 55% OF SHARES WILL BE LOCKED UP TO 1.00 MINIMUM... THEY ARE NOT TOUCHING COMMON SHARES FOR MONEY, THEY ARE USING PERFERRED SHARES TO FINANCE NOW. GREAT NEWS FOR COMMON SHARE HOLDERS. THIS MEANS WE WILL BE HEADING TO SILVER SOON THEN 1.00 UPLISTING TO NYSE....AWESOME NEWS, JUST HAVE TO READ IT CORRECTLY. WHAT I CAN MAKE OF THE PR SHARE STRUCTURE IS THIS. WE KNOW
A SHARES GO TO ? MAYBE 10%
B SHARES GO TO EOI, 10%
C SHARES GO TO ? MAYBE 10%
D SHARES GO TO BIG INVESTORS 55%
COMMON SHARES 15% LEFT
CEGX HAS TO HAVE EITHER A OR C SHARES SO THAT JUST LEAVES 1 PERFERRED SHARE CLASS LEFT TO ISSUE.WHO GETS THAT? WE WILL FIND OUT SOON.......HUGE NEWS IMHO. MY CALCULATIONS ARE A GUESSTIMATE, BUT I BET IM VERY CLOSE. ALSO REMEMBER MEYERS GAVE BACK 250 MILLION COMMON SHARES TO TREASURY, MAYBE HE HAS BIGGER PLANS WITH IN THE D SHARES OR THE LAST PERFERRED CLASS SERIES SHARES FOR 10%....
NO MORE TOXIC FINANCING, NO MORE DILUTION, NO INCREASE TO A/S,( MIGHT DECREASE SOON WHO KNOWS) FUNDING THROUGH INVESTOR D SERIES SHARES, THE ACQUISITION OF EOI, ALL WELLS, LEASES, EQUIPTMENT, INSTANT REVINUES,84 WELLS TOTAL SO FAR, FUTURE DRILLING AND LEASE ACQUISITIONS, 1574 ACRES SO FAR TO DRILL ON, ALL IN THE HIGHEST OIL PRODUCING SPOTS IN THE US, BECOMING CURRENT AND UP TO DATE ON ALL FILINGS BY END OF MONTH, WITH THE A/S MAXED, FLOAT LOCKED UP, WEEKLY PR'S WITH MUCH MORE INFO TO RELEASE PLUS HEADING BACK TO THE EXCHANGE = HUGE BEAST MODE COMING......CEGX IS READY TO EXPLODE. IMHO. OH YA... ON TOP OF ALL THAT THE PRICE OF OIL IS JUMPING UP RAPIDLY...
AI
