Puissant Industries Inc. (PSSS)

[HokieHead]

Popped up on my volume breakout setting. I just scanned the share structure, recent filings and the last quarterly. All I can say is incredible.

$0.25 x 14 million outstanding = $3.5 million market cap and only a 2.8 million float?

Nice revenue and net income increases and this:

Our proved natural gas reserves were 15.949 billion cubic feet (Bcf), or 2.6583 million barrels of oil equivalent (BOE) (1Bbl = 6 Mcf basis). The proved oil reserves were .197 million barrels. The proved natural gas liquids (NGL) reserves were .327 million barrels, for a total of 3.182 million barrels of oil equivalent (BOE). The Net Present Value, discounted at 10%, of the estimated future net cash flow before income taxes (PV-10) of our total proved reserves at December 31, 2013 was $29.227 million.

Why is this not trading at 1x reserves ($2 PPS) or at least half?

For the six months ended June 30, 2014, we generated total revenues of $363,451 consisting of $342,056 in oil and gas production revenues and $21,395 in royalty income. We reported $233,007 of total revenues for the six-months ended June 30, 2013, consisting of 213,007 in oil and gas production and $20,229 in royalty income. The $130,444 increase in our revenues for the six months ended June 30, 2014 compared to the six months ended June 30, 2013 is primarily attributable to an increase of $129,049 in oil and gas produdction compared to the six months ended June 30, 2013.