InvestorsHub Logo
Followers 0
Posts 236
Boards Moderated 0
Alias Born 02/13/2012

Re: None

Monday, 11/05/2012 11:43:40 AM

Monday, November 05, 2012 11:43:40 AM

Post# of 858
Mesa Energy and Aoil hook up I believe may be not to good of a deal for shareholders.look at it this way. if you own 300,000 thousand shares of mesa energy. you would then have 100,000 thounand shares of aoil. say you bought at average 18 cents per share of mesa, thats $54,000 thousand dollars.then when Aoil does a reverse split, you would only have 50,000 thousand shares of aoil, provided its a 2 for one split. then the stock would have to trade over a dollar to even break even. also Aoil will have to raise more shares before the transaction, because they only show 20 million shares trading total.I dont know where this thing going but Mesa should pull out and have their own reverse stock split 2 for 1 then their earnings would double, and only have 41.5 million shares out.if Mesa can get production to 1,000 barrels per day then i thing their less stock would shoot up to 1.00 per share.on oct 9 Mr Cerna dismissed aoil public accounting firm. this tells me something was up then. I believe mesa is bailing Mr cerna out of the bind that he is in. IMO.AOIL stock should not be trading more than mesa's stock.I don;T see much value in their stock information I am getting.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.