Petrogress Inc. (PGAS)

[foti1kenobi]

Decrease in revenue as expected when all operation from April- June were all but halted.
Operational cost low is a good sign. Possible dilution and some debt to start getting revenues back to the millions. Time to buy for ride up

For the three months ended June 30, 2020, the Company expects to report total revenue of approximately $133,200 as compared to $2,122,678 for the same three months period in 2019, representing a decrease of 1,989,478. For the three months ended June 30, 2020, the Company expects to report operating expenses totaling approximately $458,753 compared to $751,902 for the same period in 2019, representing a decrease of $293,149. In addition, the company’s consolidated financial statements will exclude the financial results of PGAF based on the Amended Security Agreement dated May 27, 2020 between Christos Traios and Petrogress Int’l LLC