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Re: midtieroil post# 12390

Friday, 07/07/2017 7:33:50 AM

Friday, July 07, 2017 7:33:50 AM

Post# of 18778
Yes, it been about a decade since the share price peaked at nearly $100 (pre split!). Yes, I did buy some shares close to a dollar. Let,s consider where the current share price would have to be to JUST BREAK EVEN. The present $0.0001 share price would have to get to $10,000 (factoring in the split). That means one would need a 100,000,000 bigger to break even. Not even Apple has done that so how can a company with little money, huge debt and no drilling in the foreseeable future do it? (Plus a "0n going concern" in the last 10Q). It sure looks like those $100 shares are going to lose money.

The share price remains in the mills or mil rays, that's 001? or soon 000? Will we EVER see a penny again? Most here have hope, my hope has left the building and this board
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