Escalera Resources Co. (fka ESCRQ)

[CalderQuacks]

ESCR's value is $33.3m per the last 10Q. Market Cap is only $3.2MM with a $.23 PPS

Total liabilities are $67MM.

Assets are $97MM so $97MM-$67MM= $30MM Net Assets. + $3MM in Cash.

$30MM Net assets divided by a 14MM O/S= $2.14 PPS!

Its obvious this company is struggling due to the drop in prices of oil and natural gas, so the operations of this company are tough for them.

However to a much larger company, they might see this company as a great opportunity to acquire them for their assets. Much larger companies like Exxon, Conoco Phillips, etc could all use these assets and operate them at a lower cost then ESCR could do on their own.