Saturday, June 12, 2010 5:18:02 PM
The simple fact is that BP is going to try to do as little as they can as cheaply as they can as long as the cost/benefit analysis says they can handle the bad PR. The current administration will attempt to hold them accountable.
Someone will have to do the cleanup and EVXA seems like one of the viable candidates. They came right out amid the early speculation and said that they were seeking funding, since then there have been (to my knowledge) no updates. The recent volume makes me suspect that the outstanding shares have increased. It also makes me suspect that something is in the works.
Odds are the company will remain silent until there is solid news and will be VERY careful to cross their T's and Dot their I's.
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