Azure Holding Group Corp (AZRH)

[Controlledoilandgas]

Wrong... the surety bond requires a $250k cash collateralized bond, if you're lucky enough to get approved by a bank it can be secured by a line of credit, however this is only applicable to less than 5% of Oil & Gas Operators (ie the really big Oil & Gas companies, not the small independents)... keep fooling yourself... the $720k in US Bank debt was assumed by an affiliate company (Remsa) that has nothing to do with Vision and is not the obligation of Vision Oil And Gas... it is the liability of Remsa and being serviced by Remsa (Vision only owes $120k against the line of credit) per the latest bank ammendment... 
SBA debt? What about it? The debt service is less $6k a month on it...
$910k due to investors? So what? They invested in oil and gas to acquire the field, and their capital has been and is being returned... is this your first rodeo? Have you never heard of people investing directly into oil & gas before?  Combined they are entitled to less than 12.5% of the net cash flow...
Again you love to throw that big Texas Rail Road Commission liability out there stupidly forgetting that this number is offset by a reserve basis and value that (1) far exceeds the plugging and abandonment number and (2) is not a real number and is not due until a well is deemed for P&A - it is an estimate based on third party market costs and does not assume that you will perform the plugging and abandonment liability in-house like Cohen has the capability of doing (16-20 hours rig time that cohen has in-house = $2k in payroll and $1k in fuel... repack the crushed cement and top off = $2k, sell the tubing (80%-85% is typicallly resellable / noncoreoded...) for $2-$2.20 a foot and you've recoup almost all of your cost yielding a close to ZERO plugging and abandonment liability...)
And the wells are already doing 1,300-1,400 barrels a month or 40 barrels a day... which after Royalties and Ad Valorem tax before Pumper fees, electric and CAPEX is $65k a month...
Cohen will be able to easily tripple that with less than $500k in cash investment that he already has in a separate bank account of another private company that he owns 100% of and controls...
And guess what? You can lie to the railroad commission on production reports... July is going to be an incredible month for the company all around...
They're attracting producing oil well packages left and right at the moment across the Permian basin from slightly larger independents who see Cohens Vision and have watched him succeed in both E&P / production and Oil Field Services in the Permian Basin since 2017. You're about to get smoked... and you know it... and you're grasping for straws because you're a paid basher who's obsessed and sick and can't stand seeing Cohen always find a way to pull it off...
You keep saying common shares get nothing... I think you fail to realize how a stock works.  Common shares are bought in the open market from other traders - not directly from the company. If the company grows - the common share price grows (assuming the company does not dilute the float in excess of the company's growth / market cap - which Cohen hasn't touched the float...). The cash flow associated with profit remains in the company... the preferred shares are controlling shares and grant control and the ability to issue shares and make decisions on behalf of a company...  ultimately the market prices companies based on what a private equity / private market investor would likely pay for the company with an added premium on top.  Thank you for continuing to show everybody how little you know about anything.
In further news - we want to express that we only pray for peace and do not wish war.
That said, with the Iranian Parliaments vote to shut down the Strait of Hormuz in reaction to yesterdays events concerning the U.S. bombing Irans 3 nuclear sites - we could see an overnight spike in U.S. oil crude prices.
https://oilprice.com/Energy/Crude-Oil/Oil-Markets-Brace-for-Impact-After-US-Attacks-Iran-Facilities.html