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midtieroil

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midtieroil

Re: pand2015 post# 308954

Thursday, 08/27/2015 2:48:20 PM

Thursday, August 27, 2015 2:48:20 PM

Post# of 360703
It won't look any brighter to me until the convertible debentures are no longer in the picture. The last 10Q clearly said they were still being used. Over 2 billion shares have been issued due to the convertible debentures and that has increased the the share count by 4x. There is no indication of how many billions more may be needed to get to drilling and to pay for it.
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