Any long-term investor in SOQ has seen enough to know that Wichita Jackstraw is as full of stuffing as your Thanksgiving turkey! Management and the Board have run this company into the rocks and are jumping like rats off a sinking ship! They just handed what's left to another group of morons and hope it gets the heat off their butts!
Jack, YOU are the pathetic dogmatic loud mouth here and don't have a freaking clue who you are talking to or what I own! I have been to Tunis and met with the companies there. Have you? I am VERY familiar with these properties, the company and the process. So much so that it is obvious you are FOS! Therefore, do us all a favor and keep your wishful speculation to yourself.
And they will PIZZ it away just like they did the proceeds from the sale of Trinidad and the Duvernay acreage! Think people! And by the way, there are MAYBE one or two companies in the world that make sense owning the Tunisian acreage. Both of those companies have offices in Tunis and better long-term relationships with Joint Oil. Why would they pull SOQ's rear end out of the fire when they could easily just wait until they default and pick it up direct?!
They don't. So don't believe the wishful thinking nonsense being posted here! Makes me wonder if someone from management or the board has an alias and is trying to prop things up!
People, can you really not see what is going on? The American board members are leaving. Who will be left on the board? JR, WR and GT. JR is CR's son. WR works for CR! GT is managing partner for a law firm that does a LOT of business with them! By putting the Canadian assets into a sub and merging the sub into Marquee they insulate failed deals elsewhere and the SOQ board and management escapes! Guess what you are left with! I'll bet you can find something similar in GN's barnyard! LOL
Harry, ask the Company. If ML won't comment , the Company will. Anyone that knows investment banking knows that confidentiality does NOT mean it didn't happen! I am in the industry and have worked extensively on these types of deals. There are absolutely more than 200 companies! If i recall, JS even commented on it in a previous call! You just don't want to face the truth! I do not lie! You can call BS or whatever you want, I could care less! There's only one moron here and arguing with you is pointless. * Have a nice day, sir.*
Whatever, Harry. You are too funny! Friend, I am neither a loser nor a liar. I KNOW what I am talking about and have told you and the board how to prove it. Ask the company. Ask Merril Lynch. What you have accomplished is showing the board that YOU are the one needing meds! I guess it hurts being wrong for so long and not being able to admit it. The only ones that might win here are those that bought in below a buck! The rest of us get hosed!