Wolf Energy Services Inc (WOEN)

[Teliz2009]

I find the timing of this stock issuance incredibly suspicious considering we are 1 week away from the 1 year anniversary of the Schlumberger deal. If by chance the final $1M payment isn’t made then I’m not sure the issuance is appropriate. If on the other hand the payment is made next week the stock should rise. Let’s say payment is made and the stock goes to 0.10...... then if you want to give yourself $50k you’d be getting 500,000 shares each and not 1M. Shareholders are being diluted