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volgoat

05/29/16 2:45 PM

#265283 RE: senrex #265282

Yeah and no partner deal will come with 300m shares and all retail except R3k funds.

If they ever even manage to get a deal it will be after a massive RS.

There is no incentive for PPHM or BP to make retail bag holders rich.....ain't gonna happen.

No doubt on that one, they don't give a second thought to retail investors......
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pphmtoolong

05/29/16 3:31 PM

#265285 RE: senrex #265282

Senrex, the reverse split would tell me things I don't want to hear. First, Peregrine management has no short term news to prevent it. Second, Peregrine is not willing or able to create the news to prevent it. Third, Peregrine doesn't care how its shareholders will be hurt by it.

I sincerely hope Peregrine management can get the share price over a dollar without a reverse split.

GLTA, Paul