This Stinks
posted on
Jul 23, 2010 04:33PM
No news no nothing. I am smelling a Reverse Take Over by Dale Wallster on this one. He has failed to list his own company which should have been done months ago, he is buying SMH well above market, owns over 10% and recently declared Insider, and he gets the company for what he has invested in it.
Actually this is good because he could dump the Canadian properties out after spending the little bit of flow through left in the company and get what he can salvage then focus everything in Guyana.
Does not need to roll Shoreham back, just put some management in place and get to work, with his already committed agreements.
Makes sense. No fuss no muss. Heck he could even keep Bending on as CEO just to piece him off for the deals he has put together.
If this was announced the share price of this stock would jump 20 cents on that news alone.