Marksmen Energy Inc. (MKSEF)

[trepid]

Thanks for posting. This doesn't seem like a problem regarding the extra shares. I considered just the immediate shares and not the 2-yr hold 42 cent shares... I calculate about 3.1 mill new shares. The current OS is 88.2 mill. so 3.1 / 88.2 = 3.5%.
With the current share price at 20 cents, lowering it by 3.5% takes it to 19.3 cents. Not a big deal in my opinion.

And for that sacrifice we get Marksmen moving forward on this first well and 20 to 30 other wells. This first well is already exceeding expectations.

Feb 25 PR about the well:
https://www.otcmarkets.com/stock/MKSEF/news/Marksmen-Announces-Update-on-Leaman-1-H-Horizontal-Well?id=184324

"Archie Nesbitt, CEO of Marksmen states, “Our operations team and I are very pleased with the hydrocarbon shows encountered during drilling which have exceeded our expectations.”