General, Administrative expenses rise $487,000
with declining drilling activity? No CC to save money,
Jack needs to get real!
I see he and his friends now own over 9 million shares each as we continue to be dilluted he and his buds continue to expand their positions. Note the reduction in price of options and warrants noted in the 10K. Run the company into the dirt and then give yourself a reward...lol What, Jack doesn't read a newspaper, can you say Enron.
Did you note the 200,000 shares bought back, what's that 25 grand.
I agree with you AM it's time for a change at the top, Jack talks the talk but can't walk the walk.
Some new eyes should become focused on this company and soon. To many words under the bridge from Jack.
STL