$ALYE Min. bid requirement for NYSE uplisting is $1, anything below that is golden imo...
* $36 million in assets
* $9 million in liabilities
* $27 million in shareholder equity
* 13.8 million shares o/s, over 60% 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 company started by founder, the first he sold for $1.1 billion (It was NYSE:ALY ALLIS CHALMERS ENERGY INC)
$$$$ All debt recently bought by officers and directors by means of preferred placement though an LLC, now they own the company old school style as an investment, not a debt.