CXY 0.00% 0.3¢ 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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Currently unlisted public company.

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