Wolf Energy Services Inc (WOEN)

[Oxonius]

I really hate to mix my metaphors, but reviewing the third quarter 10-Q is like watching paint dry while a train wreck is happening.

Our absentee landlord, of course, continues to trouser far more money in salary every month than the revenues that the company is able to generate. Because the company is broke and no one in their right mind will loan any money, some of the salary actually goes unpaid - it simply gets added to the massive IOU that is on the books.

It looks like the company now owes maybe three quarters of a million in back salary to the custodian who has single-handedly destroyed the company with his incompetence and arrogance. This is the same person whose family essentially controls the company and issues under-market options like ice cream at a kids pool party.

We, the minority shareholders, WANT OUT. And, to stem our egregious losses, we would like at least $1.00 a share.