Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

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...