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.
New Marketing efforts coming for the Permian Basin per the company- The below insert is from the Q3 report.
The Company has been cash flow positive in 2019 even with the lower sales volume. We have been able to negotiate favorable raw material and blending pricing in the last year which has improved our gross profit margins. Starting in 2017, a regional chemical distribution company consistently purchased the Skye Chem WD-RTU for use in their Pennsylvania region wells. One of our distributors has expanded into the Texas Permian Basin and in 2019 we delivered 2 truckloads of our WD-RTU to Odessa.
The Company has plans to use the positive cash flow to initiate a marketing program into the Permian Basin. The vast amount of oil production, Texas proximity, and recent success of our WD-RTU in Odessa makes it the best choice for our sales focus. The initial effort will be led by former executives who have industry experience and product knowledge without adding to fixed overhead costs. We will continue to support sales through the regional distribution companies while also pursuing these direct sales. We’ve also had interest in our chemistry from industry leading large companies but those sales are taking longer to develop.
News in a week. Q3 results will be out.
Next qtr results in about a month. They have been pretty spot on with timing.
https://www.otcmarkets.com/stock/SKPO/disclosure
I take it back about layoffs. It's my understanding that commissions are paid on sales.
I don't have those connections. Just an investor.
The staff was not laid off. Commission is paid on sales, so it shows no staff. I have been in this for over 7 years and attended meetings. The product works. Does anyone have connections to oil field production? I bet if someone reached out to Skye Petroleum, they would give free product to show how great this stuff works. How about that for DD?
Website back up! Check out the product. Spread the word.
2nd qtr report should be coming out in a couple of weeks.
2nd qtr. coming soon... get in while you can. This thing is about to skyrocket.
I will give you that. I'm in this baby for the long haul. I was looking for some excitement during this call. Anything with some pep. They sounded like they were on a lunch break or something. This was an opportunity to really talk up the company. New shareholders were listening. Just overall, weak. Was the presentation at ArcView like this? Ouch?
Still long but, come on man!!
Agreed, very weak. 25 minutes long? They had time to answer EVERY question that was asked. 3 sections @ 15 minutes a piece = 45 minutes. Where was the energy? This sure was a downer going into the weekend.
Good morning fellow longs!!! Looking for more green today but if not... no biggie. Got my first referral on social420. It gets you an extra $.25 puff bucks. At least there is a group of us having fun with the site. Smoke85!!!!
Agreed, the site is pretty cool. I need some "friends", Hit me up, Smoke85. Go ILIV
Let's keep this thing....rolling!! Love the double(so far) PR today.
Financials out!!! Sales up!!!! Looks like this is headed in the right direction. SKPO!!!!!!!
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=117560
When will the merger will go through? Thoughts.
Just hit 1 Million!!!! Can't wait to tell my boss what I think of him..... as I walk out of the office, RICH!!!!!! $$$$$$$$
Anyone else checking this board? I am really looking forward to the upcoming financials release. Should be another solid QTR, and he share price should soon follow.
Might as well pick up some more shares while we are down.
I see .012 by Friday. LONG
I'm on the DrLarry site now and I see an area for a coupon entry during checkout. Did you use a coupon with your purchase? If I can get one, maybe I will order something as well. The site looks pretty good and I am LONG ILIV!!!
7's tested....back to 8's
Opportunity to load... no doubt
...BOOM!!! and the journey continues upward!!!
Only a matter of time.... before Arna distances itself from the field. We have already been down, now it is time to rise.
LONG ARNA, no doubt!!!
http://www.bizjournals.com/atlanta/morning_call/2014/01/georgias-largest-movie-studio-could.html
I thought Medient would have been mentioned in this article...but no. I would love a PR with the Medient name in it.
Go MDNT!!!!!!!!!!!!!!!!!!!
Got my 5th cup of coffee.... now it's time to sit back and enjoy the show.
Shout out to imPulseive Trader, join the blog
Very excited about the future of SKPO and the product is SOLID!! I have been to a shareholders meeting and this company could take off with one big sale. They are located in the Houston area and are surrounded by potential..... partners in business.
Looking forward to a $$$$ Future.
How about some more PR's here? Will there be a 4th straight quarter with a sales increase?
Very exciting to watch.... and be a part of!!!!