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Re: Garyst post# 3590

Wednesday, 09/28/2016 4:28:09 PM

Wednesday, September 28, 2016 4:28:09 PM

Post# of 4911
Keep in mind that with the latest financing that the staff took huge pay cuts. That is unheard of. They added 2 and soon to be a 3rd large O and G producers since then.

They are on track to be at breakeven by end of year. They are recovering from the oil collapse at the start of the year. They had less than 100 wells at the time and are somewhere in the 250+ neighborhood now. Remember they only need to hit 400 wells for profitability and they are conservatively projecting this by year end.

I see so many people talk about broken promises and I just don't understand it. What promises were given? As a follower of this stock for the last 6 years I am disappointed that it has taken this long, but I have never felt misled. I cannot recall any projections of profitability given like the one this past quarter.

I have never heard a promise that was not delivered from this company. I am very excited about the transparency of this company and the future here. Q3 ends Friday. Profitability in 90 days.

If they fail to deliver on this then we can say they potentially mislead us. But I see a staff that is working hard and made it through a tough climate. We made it through the tough times and now large O and G producers are signing on the dotted line. To get this stock at this price this close to profitability is a joke. I am only disappointed I loaded up between .012 and .02. But I am still confident I will do well here in the next several months. I am happy to own this stock! Remember the fundamentals are here. Take the emotion away and the latest facts are we are a company on the path to profitability.

Great product and great leadership team here... we are just seeking panic sells during a low volume time. It happens.

Q3 results and conference call are right around the corner and I am sure the company will deliver on the trajectory they have stated since May.

GLTA!






























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