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Wednesday, 04/16/2014 11:28:19 AM

Wednesday, April 16, 2014 11:28:19 AM

Post# of 48084


CRCL Reported over $1m net profits vs almost $10m loses for 9 months,and was trading 2-2.5 dollar in early 2012 on same 100m A/S,while past 2 q reports and the balance sheet much better now.

FROM 10Q:AMAZING IMPROVEMENTS:Net Income $ 1,566,415 vs $ (1,568,882 ) for 3 months.


Net Income 9 MONTHS $ 1,089,117 VS $ (9,374,799 )

CASH End of period $ 772,489 VS $ 147,831


The oil$gas production increased,CASH up 6 times,Accumulated deficit dropping,current liabilities down,more than 1m dollar net income vs big loses before,only 100m A/S.

PV on Net Income $ 1,566,415=23m dollar, or 20 times current MV.we have a big hidden GEM here.
$23,304,299=PV(3%,20,1566415)

SOS confirmation on same 100m A/S" http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=GelZJmUFJD%252b8H6H4P6yvwg%253d%253d&nt7=0

they really generate rev. from oil and gas production:
“Production volumes increased, primarily due to the addition of two wells during the fiscal quarter ended October 31, 2013.”

INSIDERS BOUGHT at .05 and added more 4.1m shares recently.

My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.

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