Thursday, August 15, 2002 1:31:03 AM
Administrative cost up 35% and we show yet another loss!
These guys just don't care. Watch for more dillution, maybe we can get this puppy down under a nickle.
As for certification, not in this lifetime. If I were a bettin man I'd say our reserve numbers have been cooked along the way. Too many marginal participations to ever shake it out however. I think these participations were utilized to snooker investors with claims of Look How Many Wells we have. That's why the fundamentals continue to collapse.
BTWY what in Sam Helll happened to profitability down to $2.00?
He said Aspen was heavily hedged at $3.00, so how is it we loose again this Qtr. Looks like those offsets aren't working and some wells are drying Up?
Repricing of shares and warrants simply more mud in the investors face! These guys have no shame as they will aquire more shares and most likely unload this dog onto someone else and cash out on the backs of loyal supporters....LOL
(IMO)STL
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