CXY cougar energy limited

adr dillution

  1. 214 Posts.
    one of our friends 'highwayman 'recently posted this which is quite interesting

    Arrowhead's promotion of Cougar may be the first step
    toward a OTCQX U.S. Primary Listing for this company.

    December/07,Linc did a OTCQX listing using ADRs.
    One ADR =10 LNC shares.The lowest bid was $5.05,..
    highest $14.41.Would be very surprised if Cougar
    doesn't travel down the same road.Especially now
    that Brad Glynne at the helm.

    HM.


    ADRs are American depository Receipts,representing
    ownership in shares of a foreign company.The sheer
    force of U.S. purchasing power once a company receives
    due recognition is legendary.

    HM.

    any opinions on this,?, i have emailed cougar waiting on response -----------PB
 
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