Daybreak Oil and Gas Inc (DBRM)

[maverick one]

I’m wondering why they haven’t acquired leases in Oklahoma, Texas, New Mexico, Colorado, etc? After 10+ years of low production from Kern, seems like something isn’t firing on all cylinders with daybreak. Instead of acquiring Reabold, another lease in CA, why not in other parts of country, where production BOE is higher?

Where is the institutional support, why is pps so so low? Nobody imo knows about this company on Wall Street?

I just simply do not understand after this many years why it’s trading this low for so so many years.
With record low rates for years- the opportunistic ability to expand is readily available. By giving shares out in exchange and raising $2.5 mill- we better start to see some operations jumping from 100 BOE+ to 200 BOE+ within 12 months.

After all this watching and only 30 BOE, daily production and a PPS less than a nickel, someone wake me up in another 10+ years.

We really need too see after this acquisition more aggressive holes being punched and move up off 100 BOE, in a big way. I’m hoping they do. Because if not, IMO, this will continue to be a low PPS, along with zero institutional investors.

They need imo to step up here and start growing this BOE daily production.