Keeping their word right on time. I was told we could see updates starting the first of the year and 8-k's as material events happen.
* IR phone line open
* 18 month operational restructure OFFICIALLY done
* $36 million in assets
* $9 million in liabilities
* $27 million in shareholder equity
* 13.8 million shares o/s, approx. 65% insider owned
* NYSE inroad
* 14,000% increase in asset base in less than 5 years
* In same 5 years, revenues went from zero to over $11 million reported YTD last quarter
* Based in Houston and doing business in all the U.S. Basins
* Second public co. started by founder, the first he sold for $1.1 billion
$ALYE All debt converted by officers and directors into a preferred placement though an LLC.
Now they own the company as an investment, not a debt.
* IR phone line open
* 18 month operational restructure OFFICIALLY done
* $36 million in assets
* $9 million in liabilities
* $27 million in shareholder equity
* 13.8 million shares o/s, approx. 65% insider owned
* NYSE inroad
* 14,000% increase in asset base in less than 5 years
* In same 5 years, revenues went from zero to over $11 million reported YTD last quarter
* Based in Houston and doing business in all the U.S. Basins
* Second public co. started by founder, the first he sold for $1.1 billion
$ALYE All debt converted by officers and directors into a preferred placement though an LLC.
Now they own the company as an investment, not a debt.
Disclaimer: Nonprofessional individual investor who may own, not
own, buy, or sell stock mentioned in posts. I never accept
compensation to post. Consult an investment professional when
investing. http://investorshub.advfn.com/Sobeks-Stock-Forum-32420/
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