Monday, November 09, 2015 3:33:45 PM
I am guessing with the current state of gas prices and their existing wells they are pulling in as little as $250,000 in revenue a year. From a corporate perspective, and little up tick in gas prices this could easy pull in a 1 or 2 million annually.
Like to hear more of your thoughts and I don't know this, and well you seem more versed, then me. What would be in the best interest of Radius moving forward in 2016 and 2017 near term given any uptick in the movement of gas prices. I am sure they will not move if there is not an uptick, but if there was. They are going to have start paying attention and restructure, because their tax strategy will need adjusting or be broken.
A side note:
A weird transaction for me to see was in Jan 2015 there was a purchase of 400,000,000 shares which was a nothing market/price mover in this stock. Maybe, Jan 2016 and beyond, might be something, given taxes games and rules and given what I understand about long and short term holding periods.
As long as I have been here there has been nothing of that volume size ever. I mean why would you spend $40,000 at ( $.0001) or ever $4,000 at (.00001) on this stock that is stuck at .0001, year over year. It is not worth a $1.00.
Stocks at this level never move ever from a volume of Zero. This is stock's price is flat lined, but has a pulse. Which is mind blowing to me. Anyway, I want to thank you for responding to my last post.
All the best.
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