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LouisDesyjr

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LouisDesyjr

Re: Pharaoh-1 post# 6680

Monday, 02/15/2016 3:46:30 PM

Monday, February 15, 2016 3:46:30 PM

Post# of 13692
Sandridge is dead

According to the latest 10Q for 09-30-2015:
http://ih.advfn.com/p.php?pid=nmona&article=69189333
Equity was negative $403 million. Even without the write offs, the company was still losing over $50 million per quarter.

They should just file and get it over with. The only thing they are doing is dragging out the process and putting more money at risk of their vendors.

I even question if they could operate at a profit without any debt they can operate at a profit.

Louis J. Desy Jr.

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