InvestorsHub Logo
Followers 66
Posts 8785
Boards Moderated 1
Alias Born 02/23/2007

Re: .00001 Trader post# 59860

Friday, 04/03/2015 2:44:29 PM

Friday, April 03, 2015 2:44:29 PM

Post# of 132367
There is a slight possibility the EOY filings, may not be as bad as some would think at least NET WISE. I think in 4th quarter they made a little money diluting or at least reducing debt. I would not doubt that they have sold off any leases they had, and anything else that had to do with oil production. I think their assets were inflated, but they were worth something. Maybe they had very little operating costs, etc. Now is some of that in 2014, and maybe some in first quarter of 2015, that I do not know.

What I think is you will see hardly any revs from production, it will be from other sources as said above. There are some good things that may be anticipated with this play I guess, still hardly believe its a home run yet, and until a name change, and the first official filing doing healthcare, it may be a long time before we really know where this will end up. Concerns are certainly with will they be making profitable revs, need to see the deal in a actual filing to even believe it actually happen this time around and was it good for share holders, and one of the biggest concerns is what is going to happen to share structure. I would think AS at a min. is going way up, and yes IMO there is a very good chance of a reverse split.

So telling it how I see it, that was all my humble opinion of course, no facts at all in my statements, just some assumptions.

E-A-G-L-E-S Eagles