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Wednesday, December 10, 2014 12:26:34 PM
Can someone with real knowledge of how the market works because obviously I am ignorant to understand this.. plz explain how this company
XR Energy IncOTCBB - OTCQB:XREG
Energy : Oil, Gas & Consumable Fuels
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$0.57
0.0289 (4.83%)
Bid
0.5221
Ask
0.58
B/A Size
4700x2900
High
0.58
Low
0.57
Volume
29,200 (Above Avg)
Is sitting there with this kind of 3rd qtr report
***As of September 30, 2014, the Company had a cash balance of $24,310 and a working capital deficit of $171,861. For the period February 7, 2014 (inception) through September 30, 2014, the Company had a net loss of $21,491,858. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern.***
And we are at 0.0008 pps sitting with about 350k more in cash than them in the bank..
Anyone? anyone?
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