Lease sales is probably part of that "uncategorized income" as well as the issuance of ~20M new shares... 20M shares at 1.5 cents a share is $300K... With as much debate as the O/S was rumored to be, I can't believe KA just posted that 87M number and didn't explain the increase at all....
The $170K in oil sales is pretty close to the revenue expected from the KCC oil production figures for Hemi also.
It's nice to have some of this info made public, I appreciate it but think the economy and low oil prices are going to make this an even tougher year for small o/g companies in general and Hemi in particular. You can only sell so many assets before you have nothing left to sell and the stock O/S is close to the A/S now...
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.