Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Re: Question - gonoles
1
Apr 25, 2014 04:52PM

Great Question and the answer is yes. I just checked the Sweet Pea/PHUN agreement from last July and Bruner can sell up to 15% (15,000,000) shares in each year. Unless we hear something in the next short while - then my guess will be that Bruner had to liquidate a bunch of Falcon stock to get free cash flow for other tight spots he is in with either PHUN or with Paltar. The combined total with TSX and the Alpha exchanges is showing close to 25million shares trading hands today, so that would just about clear out Bruner's shares for this year, which I am hoping is the answer to today's volume and downdraft.

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Apr 26, 2014 12:11AM
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