InvestorsHub Logo
Followers 70
Posts 15576
Boards Moderated 2
Alias Born 05/14/2010

Re: None

Tuesday, 04/28/2015 10:51:48 PM

Tuesday, April 28, 2015 10:51:48 PM

Post# of 17809
Amazes me someone would sink millions into this without getting some assurance from the debtors first. But then again the millions sunk into wells that gave SOG a chance. But now that SOG has a little cash flow and new things going on the debtors come knocking? That says alot I guess. I did look over what bits and pieces I could see of the 2012 annual report, the last one filed, and saw there were lots of payments due and some loans. But nothing toxic looking... So does it boil down to creditors wanting payment long overdue and just don't have any interest in what SOG has going on and their ability to repay in the future? I guess if I were overdue 4 years in bills, I'd want my money too...

This reminds of a childrens book I read when young. That's Good, That's Bad... Unlike a childrens book seems this one is going to end That's Bad. We shall see...
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.