I saw that too. It befuddles me that daybreak only produces 30 BOE out of kern for what over a decade now? First it was KY and APP deal, that imo didn’t work out. MI - but nothing has come from that either. Now it’s this Reabold alleged deal? One can acquire a shut in lease in other parts of the country for not a lot of cash and rework wells - and produce oil & gas. Get a good NRI/WI situation. Why is it after over 10+ years this is where it is, I mean the PPS is stuck in first gear for far too long imo. We need a higher healthy PPS, this will never move up to a higher exchange imo without a RS, the PPS needs to start imo being built up. Where is the institutional support, but why would they right, it’s only 30 BOE daily. A stock that’s under 5 cents for years, only 30 BOE daily after 10+ years- what in the hell is going on here, right LOL?
It’s as if it’s were on a listless boat adrift at sea imo. No air in sails. Not going anywhere. Something needs to start changing here imo. It’s imo been far too long - over a decade? All kinds of potential in world, doesn’t equate to a PPS not even a dime or let alone a quarter? Maybe this Reabold deal will finally get daybreak off the dirt. Who knows. I’m looking at this going - what’s going on here? Glad the company is getting obvious tax writeoffs and making hopefully some revs- but as common shareholders - why is it under 5 cents? Patients imo- has been tested for too many years- holding this.
The $2.5 million needed it would be nice to see how that’s going and more importantly where did they go for it?
How do we know this Reabold alleged acquisition will benefit common shareholders with a healthy increase in valuation?
