Ann: Pilot Energy Raises $720,000 at 0.3 Cents Per Share, page-11

for my 0.2c worth - I really like it - manlai1 hit it on the head in an earlier post - we need the cash and at a share price of 0.2c forget dilution at the moment if we don't raise required capital then we don't have the cash to drill and then share price goes nowhere anyway.

The positive is that it was sold at a premium and to 1 related party - so i would hope they would be "sticky" for a longer term and not just dump them as soon as we get to 0.6c.


I'm excited for the next 12 months, should be a great period for PGY