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Re: SandridgeEnergy post# 55182

Tuesday, 05/03/2016 10:16:02 AM

Tuesday, May 03, 2016 10:16:02 AM

Post# of 63559
IMO My point was everyone following this stock since before the up-listing is aware of the stated use of the capital raise. However without that capital raise they wouldn't have been able to up-list and using the capital for its stated use is not misleading. Fact: net proceeds from capital raise = $11,579 million and Cash and Cash Equivalents at year end $12,040 Million. Hmmm... Let me think about how misleading that is

Borrowing $1.8 million on a short term line of credit for business purposes is part of the conspiracy. Hmmm, didn't you just point out the capital raise was for acquisitions



Didn't Cavuto say it was a good business model also?