So it seems , from BKP's press announcement about Statoil leaving and the new plan to search for 'distressed' tenements in Texas.....
That they appear to now be buttering us up for ( as I predicted they would ) a 20 for 1 recapitalisation.
No doubt they will cite : Share price too low, Too many shares
If you bought at $0.017 in the 2011 CR, and it traded at $0.017 after the recap, you just lost 95 cents in the dollar.
Where did it go? Same place
If you don't want to see 95 percent of your investment disappear - VOTE NO, asap
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So it seems , from BKP's press announcement about Statoil...
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