InvestorsHub Logo
Followers 3
Posts 513
Boards Moderated 0
Alias Born 03/15/2020

Re: rodgranite post# 1061

Tuesday, 04/13/2021 2:35:06 PM

Tuesday, April 13, 2021 2:35:06 PM

Post# of 1931
Also, remember the Nybl partnership that was apparently targeting 2000 oil wells in Kuwait and North America over an 18 mos period? Coming up on a year now in June ... when was the last mention of it?

Also, in regard to the cash break even analysis, the $14.5M rev number is certainly no guarantee of cash break even. It assumes they will be able to control their costs well enough to get there. Remember the Q3 CC and the $2M+ in non-recurring charges that were to begin rolling off in Q4? Well,the "Prof and Consulting fee" line item only fell from about $2.2M in Q3 2020 to $2.1M in Q4 2020, so I'll believe it when I see it.

Still holding onto my shares, but it's starting to really hurt.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MCLD News