DXI Capital Corp. (DXIEF)

[SOUTHPEN]

" It looks like to me that they got the bridge loan because they are probably running out of money. "

Gee,...What an astute observation.! ,.... yes,...they have money problems .I challenge the poster that calls cash shortfalls .... bankruptcy , to find an oil and gas junior that is not having cash flow problems. Dejour is on stable footing.
With O&G prices so beaten down ,They likely do need a little help covering G&A for the rest of this year but I believe 1.25 M will be going for their share of a Mancos well on the Northern Lease ,likely in the 3rd quarter.