CVI cvi energy corporation limited

positive posts and a positive week, page-52

  1. 1,857 Posts.
    While the potential prospects are very big, management seem to be diluting the stock to insto's then sending 100% the funds raised to related entities while at the same time giving away their assets for worthless scrip. The only way the instos can make their money back is to short it lol

    Eventually CVI be merging with Pendasor (re-buying them back at market caps around 1.4billion dollars through CVI share 'claw back'), while founding members are pocketing 10s of millions through their related entities.

    CVI loses out at every turn. I'll be very surprised to see CVI get the 1.1billion. But thats just my opinion only - only been researching the stock for 2 days so DYOR.

    Cheers,
    The Sparkler

 
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Currently unlisted public company.

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