You have truly nailed it here Mon- putting good money after bad on the back of a spec oil play with the amount of dilution that is about to happen here through share issues and a CR really does require some serious thought. There seems to be a conflict of interest with some of the main characters and I would not be jumping into any bunker of trust with Pattersons at the best of times. My thoughts keep dragging me back to the last time when they were involved in extracting money from exhausted SBN shareholders only to see it all sucked up by the hopelessly weak and spinless JH administration. I find the whole thing so typical of business today, just a clinical grab for money for a select few and to hell with everyone else.
Goodluck to all holding and I really do hope that something good comes from it for those who decide to stay with it.
SBN Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
