Dominick has been guiding Jack for the past two yrs. and NOW they come to the revelation that 5,000 BOE are required for institutional investors!? Seems a bit odd ah. I don't trust these guys plain and simple, I believe they sit on too many free shares, maybe they should buy some and support the price if they believe everything they say. This is simply a gut feeling I hope I'm wrong. Jack needs to get to another exchange and pronto but I don't see how their going to get the price where it needs to be unless someone steps up to the plate and dishes out a chunk.
I wrote a couple of emails to Jack before the last CC with dillution concerns I posted here. Simply put I emplored him not to continue M&A's until the share price strengthened to reduce further dillution. Jack responded immediately and stated he had no intentions of doing so. He did say that the Endeavour exchange was fairly valued. So here in lies a dilema, as the share price is contradictory to aquistions Jack publicly stated are comming?
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