Blue Dolphin Energy Company (BDCO)

[56Chevy]

No.. the point is. You have a company with a $12 million dollar market cap and a $31.3 million dollar judgement against it. See a problem? Where I come from that spells bankruptcy.

BDCO hasn't come to settlement terms with GEL yet. This judgement you think is no big deal is final, non-appealable and binding. The good news its a miracle this hasnt gone into bk...it could very easily. But there are no guarantees at this point that it won't. This ceo you're in love with after only one week of even knowing his name isn't driving the bus...the awarded party (GEL) is calling 100% of the shots. They say jump and Carroll asks how high. They hold BDCO's future in their hands. Period.

You can put all the happy spin you want on this but for anyone else reading this board they need sober intel before investing on exactly where things stand.

Marker:
Blue Dolphin Energy (BDCO)
1.22 0.02 (1.67%)
Volume: 1,253