You know as well as anyone that cash flow positive can be spun negatively if one so chooses: they raised cash by selling shares faster than they spent cash. Now with that out of the way, maybe they received more for the oil sales than they spent on expenses. Without a full disclosure financial statement, we won't know. I'm still way under water, and won't be happy until I'm green....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.