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.
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.
No trades guess there’s no demand/market at these prices or any interest.
Hopefully for good reason, who knows. But dilution imo is far too massive. Pay salaries and then huge RS on horizon?
Pretty vague situation imo. By design possibly. The .05 I’ll pass on that.
Right. 7 times more in OS, massive dilution landed upon us like a Abrams tank, out of the blue. So what a coming RS 1-7 to match new bloated massive OS? Or even higher?
High debt financials imo, lovely, what are they doing for Pete’s sake? If it’s that allegedly SO bad, how are they even still running kern wells?
Public shareholders, imo, do not have the specifics on operating agreements and revenue splits with Reabold? If there’s any at all?
Gee I wonder where their drilling next? Does it matter? Sees like the filings, imo quarterly always showing nothing but debt debt debt. IMO- even if they were to get lucky and hit a higher well, what will future filings look like, they might just keep filing negative debt financials.
Why even be a filing public company right? Share price always never realized any momentum. The announced MI project nothing came from it, no PR’s, KY imo was a catastrophe, Kern hasn’t been fully explored or developed over how many years now? Even if they do- low production thick oil and only 1 buyer?
Now there’s a 42% partner from left field?
We’ve been here so so long JJ- not cool imo. Imo, could be a complete merger set up for Reabold to take over daybreak.
Not impressed after all of these years, up to this date.
The dilution is massive, debt piled up. Sadly disappointed in daybreak as of lately.
Really wish the dilution had not occurred.
JJ I think with the market here, there’s really no demand for buying their diluted stock, extremely thinly traded. PPS crept to .05- bc of Reabold news imo - but sadly that was before this latest filing, after this - who knows after all these years.
I don’t see the .05 value either- not even close-I’m with you on that fact- we’ve been here a long time.
When I read the filing - I got that lump in my throat. First thing came to my mind - how can they not get to higher exchange without a RS at some point? If they do- what’s the split what 1-10, 1-7, 1-20? IF they RS, will stock price decline after?
The kern lease really has been imo a bust, just not enough barrels of production with thick heavy API and ONLY a singular buyer of it to market. The debt too. Lack of further exploration over many years. What if their oil buyer stops buying? Yeah I wouldn’t be in that. Risk is very very high imo.
The Reabold situation - imo I was surprised how it was structured but who knows with daybreak - we’ve been here before down this road.
The dilution is massive, debt piled up. Sadly disappointed in daybreak as of lately. Really wish the dilution had not occurred.
JJ I think the market here is extremely thinly traded - I don’t see the .05 value either- not even close- we’ve been here a long time. When I read the filing - I got that lump in my throat. First thing came to my mind - how can they not get to higher exchange without a RS at some point? If they do- what’s the split?
The kern lease really has been imo a bust, just not enough barrels of production with thick heavy API and a singular buyer of it to market. The debt too. Lack of further exploration over many years. What if their oil buyer stops buying?
The Reabold situation - imo I was surprised how it was structured but who knows with daybreak - we’ve been here before down this road.
The dilution is massive, debt piled up. Sucks.
Hope your well JJ on a personal note as well, sorry we had to go through this here for as long as we’ve been here. I agree, trust is fleeting and confidence has weakened. I really thought, ok, this could be possibly it. Then that’s released. Smart offloading at .05 now oil is sliding. I wouldn’t buy it at .05 or anywhere near it. I see a potential RS down the line here. They haven’t been successful enough to merit a current bid/ask nor through the strategy of through drill bit, meanwhile Houston we got a big problem with overwhelming debt servicing that never goes away. This is really a stinker low moment here.
Each filing, it’s getting harder to stick around here. I don’t see imo, the value in the bid/ask after seeing this latest. What’s it worth sub penny maybe .015, I mean how do you value this?
Ice ice baby, it’s a smelly smelly baby. I can imagine the next if what you want to call them PR’s over next few years and more in debt filings, carefully constructed of course. What skill. What a joy.
You see the parachute don’t you. I do.
Filing wasn’t imo a good one.
Notice the filings, their always in massive debt? Here’s a thought. What if Reabold since they own 42% now turns around acquires daybreak? If that occurs, I’ll say it now, thanks for the memories Jim.
Reabold trades in England, I believe, maybe this is really all about a slick initial hey we’re acquiring Reabold, but it’s actually the other way around? So Reabold can get a foothold in an American exchange? Surely not saying it will occur, but 42% is quite a bit of percentage, not to be overlooked.
It is a potential scenario imo. Anytime anyone takes on a partner, it is plausible.,This has been a cluster suck for far too many years. The performance of the companies heavy thick oil kern lease, imo with such low % and low production, with high debts really imo is a disappointment.
How many PR’s will be issued blah blah about we got drill permits x y z and ya da ya da on a old tired 10+ year on a 3D...LOL.
How do they plan to ever jettison and start paying down all of this debt, without taking MORE on, through the drill bit? Well how was that worked for 10+ years. Bullpucky imo. Those new Wells would have to glow on reabolds leases 100+ barrels daily for a couple years to pay this off imo.
So what imo I see, will be PR’s saying yeah we got permits, company is pleased and excited about permits, but the filings imo likely will show debt, possibly added on, unless they can drill gor free, which we all know is impossible.
JJ- What do you think of the companies stock performance and overall company direction under this CEO? They lost me here somewhat after this latest filing.
We were curious as to how it would be worked out, LOL, they own 42%. Golden parachute is now deployed. What about shareholders - looks pretty darn stinky is right.
Nobody posted here in years, so since it’s been so long I’ll post. I recently started buying this on big dip some weeks ago. Attractive dividend monthly and cheap entry. But I wouldn’t have bought this years ago bc price was much higher and I’m sure plenty lost their prin capital.
1-5 LOL predictable.
Pretty funny sheet, what they did. Why even be public traded?
Tired of this long ago...too many hiccups farts and just whatever.
.05 for this CRAP. LMFAO. What lovely glowing financials with a imo paltry low production stake in kern. Millions listed in debts. Yeah - houston we got a problem, imo.
Same ole same ole, throw a Weiner down the hallway. Crock of you know. Pretty predictable next PR’s which never do much for public PPS increases worth a jack.
I wonder how many shareholders have ever visited daybreaks offices and met with this guy, start asking for explanations and accountability. Stock price is and has been absolutely in the dump for many year JJ.
Sad deal
Under $3.50 still...and strong divs. Thank you very much been buying since it’s been bottoming and will continue.
That is true to a degree. But my assets are always based in long term and dividends are what I seek and get. I think old Warren did pretty well for himself with divs as I have, for a long established successful many years now
There are certainly gimmicky stocks that pop up offering high divs that usually fold. But I know the signs and which ones to select. I don’t go deep on ones that are little sketch. But I will be glad to trade them and get in out and still collect MASS cash on both monthly and quarterlies.
But where can anyone go for amazing divs? I’m not crying - I’m buying. The overall decline doesn’t matter to me bc ive been buying after it bottomed since last year. I’d imagine if anyone bought higher year + ago would be concerned. Not me, LOL.
Reliable div - cheap PPS entry - I’m not crying - I’m buying
You see the filing?
Going concern, massive neg debts, their going to drill potentially a few wells? Fairly predictable press release because of track record.
I just don’t understand the strategic long term plan here with these types of filings. Where’s the potential upside for a potential new public common stock buyer?
Those are imo terrible numbers. Especially with imo low % owned in kern. But yet, for such a low % owned in kern, why all of this tremendous massive debt? If daybreak is so in debt, how are they keeping doors open, right? So are they making any profit at all? Only 1 buyer for their production in kern? What occurs if that goes away?
Because imo, that looks impossible with those numbers and low % owned in kern.
Where is the rise in public shareholder values from drilling on kern over 10+ years? Drill bit strategy to date hasn’t really increased PPS and stayed up. Mississippi former ops imo was a totally different set of dynamics. Where is this going shareholder value wise in future appreciation JJ?
How do we look at this and attempt to gauge companies performance imo for a decade + to date. IMO - it’d be nice to see some appreciation in public share price...1 million barrels allegedly hasn’t raised shareholder PPS, as of yet. Why even discuss that as in years past? It’s like LOL driving on a flat tire for many many years and now the rubber wore off and it’s on a steel rim shooting sparks?
LOL what’s next a predictable PR- ugh yeah we’re pleased to announce a drill permit or 2 for xyz? I mean could produce a slight bump who knows. Potential potential potential. I really wished it would go up.
We really need to get PPS up here imo and stays up. Have we not been loyal LOL? I would like to think Jim would understand concerns about share prices for many years now.
Mav
That’s a lot of board feet brother - perhaps we should start a Xmas tree farm together out there in MI, LOL. Maybe daybreak will do a lease package on their alleged MI acquisition and we can grow them on top of all that alleged oil in dirt. I’ll get a Santa Claus suit, off eBay, fake white beard, for Xmas and put some farm animals out there as well a petting zoo deal. You can get your lumberjack outfit on too.
We can market it as a combo Oil - Xmas tree deal. Where oil hits the trees from spindle top black gushers, and we’re enviro friendly expunging carbon from the air. Heck you can build the spindle tops old school style with that lumber of yours.
Then we can branch out to CA- perhaps negotiate with Jim the rights to herd some goats & sheep to eat the weeds on those thousands of acres, and chaparral. You can bring that lumber out ship by semi and perhaps we can approach them again with a second JV, this time with spindle tops built by you in that lumberjack outfit of yours, and if they gush black gold, we’ll have some very unique looking goats and sheep. We can shave the sheep and sell to China very special unique black and white colored wool.
Think Jim, and his amazing board will approve, of such a deal? Heck at least we’ll possibly come up with enough $, to help pay them enough to pay for the $15,000 it takes to be trading on mid tier OTC. You know- we help them type of deal they help us back. Heck it would make a rootin tootin “woke” PR, for the millions of potential new shareholders out there, just needing to be “woke.” Now that’s a PR, JJ I think can really attract some investors and help support the company bottom line and maybe increase financials a little.
Thanks heads up bob
RS could be in works imo...eventually...at this level- there’s always that possibility. IMO, there is not much chance of moving ever to a higher exchange, without doing one, if PPS isn’t higher.
Perhaps imo, a fresh name change may actually help the company, might be better long term for the future health and growth of the company and shareholders. This has just dragged on imo far too long.
IMO- the time for execution is NOW- over the next 4 quarters - we can’t just keep repeating ground hog day over and over. Why acquire another company and BOE, and fail to not capitalize on it? It would actually be refreshing to start to see actual drill permits issued and forward progress and better financial track record over the next 4 quarters. Something to hang hat on, and potentially acquire other assets and internally roll up.
It’s put up time...
Zero evidence they are going to do a RS- just my pure speculation- just a forward thought of what could be out there in the future, who knows.
Maybe we get lucky and it’s a APP deal all over again...yippee. Wasn’t that a wonderful adventure for shareholders? Master stroke of genius imo.
They really delivered didn’t they SO much unlocked potential, with such tremendous upside in trading values, then of course the lovely MI deal - that created such tremendous BOE and robust financials. LOL...please take us back to MISSISSIPPI.
Shooting blanks over and over and over- for over a decade now.
Yeehaw. Rawhide. Flawless.
Why vote for current CEO or BOD? Shst have they done for public shareholders over 10 years, look at PPS imo.
All we’ve ever seen, IMO is negative financials and PR’s that lead imo to nowhere. Where is the positive cash flow? Where is the positive news, that attracts new blood shareholders, why can’t this trade at a higher PPS for public shareholders?
1 million barrel reserves blah blah blah blah...blah blah. How many times have we heard, over the decade about drill permits or whatever?
Will this acquisition, like all the of the alleged past ones, just fizzle to nowhere. You got to wonder why their even released, why gave a PR firm? I mean look at the market cap? LOL.
REALLY JJ? Right, it’s like seriously? This long?? Oh this transaction is the one that will get us there - yeah sure. We’ll see this time. You can’t keep leading horses to the well and well is always dry.
You can have thousands of acres issue PR’s all they want to- but its time to put up or shut up, about the alleged 1 million barrel reserves 3D crap, and all of these over the years alleged transactions that IMO, saddled the shareholders with mountains of debt like the maximillian deal and nothing comes out of it.
JJ you think this has a RS coming perhaps, LOL A 3-1, 7-1, 10-1...now late on filings? To get to a higher exchange, IMO eventually they will likely have too.
But to do that - a company needs a higher healthy attractive influx of public shareholders and activity, higher PPS and volume consistently, daily. IMO, just enough type of corporate success here with daybreak that a public shareholder can look at their financial filings and say ok, that’s promising.
This isn’t imo the type of activity that will get them there or even close.
Perhaps they couldn’t locate that local H & R Bloch office...just kidding.
It’s reminding me somewhat of that APP deal and maximillian crap, we got stuck with for far too many years in KY, plus nothing in MI, waste of PR imo- never any follow up, why even announce it, right, out there by you. Just shooting blanks JJ.
Why be public traded or go through expense of keeping current on filings? Waste of time imo...where is exactly the public share price the last 10-12 years? How’s this worth a public shareholder investment and long term hold exactly?
Pipe dreams...imo.
I don’t know JJ, like I said, why even have the huge expense of having to file and trade? Just take it private, bc where is public shareholders value? At this stinky price? Man that’s one smelly skunk for many years now. Where’s the beef?
Why does a company with alleged 1 million barrel publicly trade where it has for years now? You got to honestly wonder, what’s going on here?
All the potential here, but...it is what it is. Why can’t this trade in the .10 - .20 range, it seems kinda strange right? I’m kind of hoping someday, that maybe new leadership comes on board here, and daybreak public stock gets a steady lift, a higher stock value for public shareholders.
I wonder how the other common public shareholders out there, feel about the state of the extremely low PPS. Day in and day out, limp biscuit.,
LOL little ole texas sweet tea, classic JJ. Yeah who knows brother. Why go through the expensive annual Corp filings on OTC, for a public traded entity and only have a stock at couple pennies - just go private and save their beans. Where’s the million barrels exactly that’s touted? Perhaps it’s located in eastern Ukraine under guard by Putin’s boys or perhaps on the moon? Looks like imo just a Corp debt servicing mechanism tool for finance, write offs, a means to exchange stock ONLY for capital, and forgiven in salaries.
What a great deal for public shareholders. Why even spend the $15000 mol annually it takes to trade on OTC, and pay on top many expenses to keep compliant? Why have a PR firm $? I’d rather buy penny candy, LOL.
Crazy.,
Just go dark LOL, right.
Agree with you on that buddy. Alleged 1 million barrels - stock PPS that’s in the lowest tiers of OTC- it’s like why even have this business in a trading entity? If IMO, if they want it to be a private company then go private-but why do this this?
That’s one heck of a volume today whopping 200. 1 million barrels in reserves, all the potential one can ask for. But here we are...someday someday I keep thinking to myself that we’ll look at it and say LOL, really, finally?
So which is it going to be - where they going to drill first and WHAT did they acquire in reality? Guess we might see in a filing or two down the road.
Surprised this is not attracting new investors and looks like it’s over priced at .05...hard to look at this and say why would any new set of investors even want to buy this retail wise?
It’s not a stock that has any momentum built into it, it’s like why even have a PR person? There’s no liquidity - and I wonder at times if they really that many reserves. So what if they drill new wells - LOL- nothing sustains or highlights to public traded stock LOL right? Yippee hurray these dudes can drill 5 wells nobody would know. Have we not been patient JJ for how many years now? Come on Jimmy from sugar land we can better here imo.
That’s a nice area
No kidding JJ-,hey look at it this way- the Govt is unwinding over $2+ trillion in MBS- LOL- good luck on that. The banks got bailed out by Govt last time, who bails out the Govt itself this time!? Well it’s you JJ! Every dollar those morons print off printing presses it’s already .54 in debt- human hand hadn’t touched it in public. Smart move - yeah the debtors the us government, that they are- might as well prey on them right? Not a bad return. Keep it up. I imagine we’ll get max 1 press release this coming 12 months- we know all to well who they are, LOL. This is the strangest oil and gas company I think I’ve ever come across. Just the way it’s ran, like of forward progress on increasing public value of its stock. Like I said- Once the stock enters the market - does any CEO really care what it’s share price is? Obviously not in many cases.
Is there a short position in this? If not - my god it’s only .03 usually LOL, squeeze it like an anaconda. Perhaps buy the float up? Turn tables, get board seats. Activist shareholder it. It’s ridiculous it’s trading like for far too many years imo. How much to buy float you think?
Kind of like being touched like a virgin here at daybreak. Cue up Madonna please.
Wonder if Jimmy baby stops by here and reads these? I kid you not JJ- we’re the next occidental, I can just feel it in my bones. Maybe Daybreak can get the PPS up and jump a whole entire Penny in another 10 years? We can tell they really believe they have such a robust public stock trading range.
What area you at grand traverse or south of north further up the upper peninsula!?
LOL THAT WAS YOU JJ LOL, you go little doggie, giddee up.
That’s the funniest thing I’ve seen in awhile. Perhaps we should organize a daybreak drinking party out at the lease and a 4th of July daybreak camp out jamboree and pork out and fill our bellies of dollar store cans .99 cents of pork & beans & .99 high quality weiners, 3 boxes of cracker jacks .99, off brand greasy potato chips .99 and finish with kool aid. We can invite everyone from the fine citizens of oildale. We can finish off with a daybreak special vip invite only fireworks show including the use of sparklers. We can all gather around a black pump jack, and we can hold hands 360 degrees around and sing and dance the night away, listening to Seals and Croft’s, humming bird don’t fly away fly away, Jim Croce time in a bottle, the carpenters greatest hits polished off with Tony Orlando and dawn and the greatest hits of john Denver.
Yeah I was getting ideas on youtube on how to make up ways of a little origami paper boat out of daybreak paper certs, and go for a sail on lake mead- perhaps Jimmy Hoffa buried down there in a barrel -might spot him at daybreak and I fish him out with my custom made matching daybreak paper fishin rod I made, spoiled with 10+ years of daybreak coiling I fished out of the Kern River in that sprawling boomtown called oil dale out there below that great majestic field we der got up above in der hills- that gave eyes in dem- while I watch reruns of ground hog day on my boat. I’m hoping CALI turns into the West Texas OK, NM dust bowl and houses drop to $200 bucks bc of no H20. Maybe that dashing swashbuckling rootin tootin titan in the o & g action figure Jim Bob can sell some of that der water in der holes, to subsidize for the decline in dem here black tea holes out in California. That’s a long way from sugar land baby. I wonder if sugar land sells lots of sugar or candy. God ain’t it great to be trading at such robust volumes and such high pps for shareholder value! We’re going to the moon JJ.
You see the 10k, yikes. Production has declined in kern 12% looks like the decline curve has showed up. That’s not a surprise, typical. I’m familiar with that area, perhaps I can help the company by driving my pickup through the streets of oildale, holler at dem boys on the corners, hey jump in the back, let’s go dig some holes up in those dem hills up there fellars, for that texas tea black gold like the clampetts, yeehaw baby look at that public share price after 10+ years LOL. Inspires lots of confidence don’t it, there buddy. YEEHAW BUDDY...imo we should look for an orphan or two...likely make a little mail box money more, and get a writeoff ourselves, vs than waiting forever rip van winkle show up, I can clearly see the PPS here has def delivered for us after numerous years. Would you rather buy Penny candy get 5 for 5 cents versus buying this? Wake me up in year 2075 with a text. Blah blah blah.
Well at least he was optimistic- recognized PPS was low. He’s got skin in game on his corp side - shareholders are on other side. But this low for this long - shareholders skin has weathered LOL.