I agree 100% Junk. Chesapeake Energy - 500 mil. shs
Conoco Phillips - 1.2 bill shs
Phillips 66 - 550 mil. shs.
Are these companies respectable with large OS? Yes!
Can Superior grow into 350 mil.shs? Probably.
Does venture capital want a 350mil sh. company ? Probably Not. They want 35mil shs so they can get a piece of the pie as the Auth. Shs. grows & they buy in.
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