THE PAINTED PIGS FRIDAY MORNING FRACAS

THE PIG IS A SENSITIVE CREATURE, EASY TO GET ALONG WITH, QUIET AS A MOUSE (PIGS CAN BE QUIET...........CAN'T THEY ?) AND CO-OPERATIVE TO A FAULT. BUT THE PIG GETS A TAD RILED WHEN HE SEES AN ARTICLE IN A NEWSPAPER,  ABOUT A FINANCE COMPANY THAT DEALS WITH THE "UNLUCKY" PEOPLE OUT THERE. THOSE WHO BY BAD LUCK, BAD CIRCUMSTANCE OR BY BAD SPENDING HABITS, LOST SOME OR ALL OF THERE POSSESSIONS AND CREDIT RATING. AN ARTICLE WHERE THE CEO CHARITABLY IMPLIES THEY ARE HERE TO HELP THE DOWN TRODDEN. BUT THE PIG ASKS, HOW CAN YOU HELP THE DOWN TRODDEN WHEN YOU CHARGE 29% INTEREST ? HOW ARE YOU HELPING SOMEONE GET OUT OF THE HOLE WHEN YOU ARE GOUGING THEM BACK INTO IT ? THIS IS HUMAN ? THIS IS HELPING ? THE PIG IS GLAD HE IS NOT IN THEIR SHOES. WITH FRIENDS LIKE THEM HELPING TO GET OUT OF THE HOLE, WHO NEEDS ANOTHER FRIEND UP TOP FILLING IT IN AS QUICKLY ?

ON WITH THE SHOW....

APA.V..LARGE RARE EARTH PLAY AND HIGH SCANNER OF THE NIGHT. SEEMS LIKE NEWS IS CLOSE AT HAND. BIG MOMENTUM AND MOVING AVERAGE INCREASES OVER THE LAST FEW DAYS. MIGHT BE RIPE. THE PIG WILL WAIT FOR MORE LIQUIDITY FIRST.

MEK.V...THE PIG LIKES THE FLOAT. THE PIG LOVES THE SCANS. THE PIG SAYS ITS COMING INTO THE LIMELIGHT WITH A POTENTIAL RELEASE. TRADING, CHART AND SCANS ALL SAY ACCUMULATION AND DISTRIBUTION IS HIGH. MIGHT BE A DOUBLE MEDIUM TERM. THE PIGS LIKES ITS CHANCES.

A PIG LONG TERM FAVORITE HAD NEWS OUT TODAY......


Allana Potash Corp

Symbol AAA


Shares Issued 96,532,390


Close 2010-03-25 C$ 0.41


Recent Sedar Documents














Allana Potash closes $5.8-million financing










2010-03-25 19:16 ET - News Release






Mr. Farhad Abasov reports






ALLANA POTASH CLOSES $5.8 MILLION PRIVATE PLACEMENT FINANCING






Allana Potash Corp. has completed its previously announced private placement of 14,442,500 units of the company at a price of 40 cents per unit for gross proceeds of approximately $5.8-million. The offering was led by Wellington West Capital Markets Inc. and Dundee Securities Corp., and included Loewen, Ondaatje, McCutcheon Ltd.






Each unit consists of one common share of the company and one-half of one common share purchase warrant of the company. Each warrant entitles the holder to acquire one additional common share at a purchase price of 50 cents until Sept. 25, 2011.






In connection with the offering, the company has agreed to pay to the agents a cash commission equal to 6 per cent of the gross proceeds raised under the offering and to issue to the agents an aggregate of 866,550 broker warrants. Each broker warrant shall entitle the holder to acquire one common share at a price of 40 cents until March 25, 2011.






Allana intends to use the proceeds of the offering to finance exploration and development efforts on the company's potash property in Ethiopia, and for general working capital purposes.






All securities issued in connection with the offering are subject to a hold period expiring on July 26, 2010.