STW Resources Holding Corp. (fka STWSQ)

[Prudent Capitalist]

IMO, if this was destined for BK we would know that by now, and there would have been no reason to call the meeting for last Friday. I agree we need to see current financials, but even in a worse case scenario based on the last financials released, IMO the assets tied to the water permits and projects exceed the debts and unpaid bills. But, what do I know? I am not down there like you apparently are. You were the first one to point out the financial issues, which I believe were brought on in large part by parties to contracts with STW not being able to perform or pay their bills. The timing of the bottom falling out of the oil price was definitely a perfect storm in the middle of the conversion to STW's focus on water.