Ann: Projects Update - Icewine East & Longhorn, page-9

Totally agree, those who expect the SP to surge is obviously new to 88. 8-9 months before they do anything of substance, before they drill, only if they successfully beg for another party to FO with. If not expect another big CR prior to drilling once again.....

Getting so tired of this company handing out shares like lollies. Our dilution will be over 20 Bil SOI by 2023. Absolutely no chance to do a consolidation due to a history of failures etc and given imo, 88's more like a lifestyle and part time company only doing couple months work a year, which would never maintain a heavy consolidated SP... If done would get smashed and slide south big time.

With 20,000,000,000 SOI, consolidate say @200:1 leaves 100,000,000 shares, SP going from say 1c to $2, lol, who in their right mind would pay $2 for this dog of a stock, lmao!!!
Even a 100:1 leaves 200,000,000 @ SP of $1.
50:1 leaves 400,000,000 @ SP 50c.

Doesn't matter what they do the damage is done to the SOI, it's a massive problem and we all know who is to blame. The handing out shares like lollies has to STOP immediately, can't afford cash to pay contractors or suppliers etc then maybe shouldn't be in business. IMO no Bank would loan money to this company.


Totally unacceptable and again demonstrates the inabilities imo of this board. Why don't the company board get paid in shares, like all the contractors etc etc. What a joke and us holders have to carry this sheet can of a massive problem....