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adct34

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adct34

Re: None

Thursday, 01/15/2015 1:52:11 PM

Thursday, January 15, 2015 1:52:11 PM

Post# of 21090
Three huge Hurtles on the Horizon: 1. HDY needs to fund their portion of the well for it to be drilled. 2. DELISTING. 3. DOJ Investigation

No doubt there will be some type of cash raise necessary. With all the cash burn and attorney fees they have currently. I can't see them having their portion of the funds by Q3 or Q4 of 15'. Gonna have to give away something to get that cash. Most likely additional concession percentage. Maybe even a second offering as the percentage may not even be enough. The situation is not good.

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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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