"NewLead recently announced the delivery of five bitumen tanker vessels, the 2009-built "Captain Nikolas I", "Nepheli", "Ioli" and "Katerina L" and the 2008-built "Sofia". These five bitumen tanker vessels are highly sophisticated tankers vessels, transporting asphalt and operating in niche markets with relatively low competition. All five vessels are trading with oil majors and oil trading companies."
When they released the "Summary of Recent Corporate Developments and Growth" article, they said all 5 of the bitumen tankers were trading with oil majors and oil trading companies. Now they come out with a article saying the Katerina L is now working under contract! Well, what is it? They already had said they were trading! You see, all $NEWL knows how to do is put out fluff articles, but they don't put out a 6K like most companies do when there is a news article. They don't want to be questioned on it by the regulatory authorities!
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.