Camber Energy Inc (CEI)

[justdosomething]

"We reported a net loss for the year ended March 31, 2017 of $89.1 million, or ($6.36) per share. For the year ended March 31, 2016, we reported a net loss of $25.4 million, or ($17.58) per share. The increase in net loss was primarily due to higher operating expenses and higher other expenses and the recognition of a substantial impairment of oil and gas properties, offset by higher operating revenues, as discussed in greater detail below."

Good thing I took a loss and sold at 1.26 when I bought a little higher than that a little while ago. Since they changed to CEI the PPS seems to have gone strait down.