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Tuesday, January 25, 2011 2:38:21 PM
When will QOIL file 10Q again?
After B&B Merger last year, Qoil stock went from about .01 a share to now, about .0004 per share. This is most likely due to stock issued to holders of B&B for their share of B&B stock are selling QOIL shares, driving the price down. With over 8 Billion shares out standing, will QOIL look to buy back this stock (At huge discount) so that it can protect current stock holders?
(one million dollars buy stock at .0001 per share, can almost buy back over 8 Billion shares of QOIL. This will bring the price of stock , still left outstanding to about $10.00 per share. QOIL can then reissue 2 million shares and get $20,000,000.00. Making a net untaxable $19,000,000.00 to work with).
What is gas production? About How much is it sold for? Daily!
If there is oil production, how much does QOIL produced? and are we locked up to a contract at a spacific price? for How Long? or is it sold at Market Value?
Recent QOIL News
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM