InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,718.57
(
0.28%
)
US TECH 100
19,308.80
(
0.06%
)
Dow Jones
42,124.65
(
0.15%
)
Brent Oil
73.62
(
-0.36%
)
Bitcoin
63,324.20
(
-0.47%
)
Post# of 2604
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Ed Ajootian

Send PM Follow Ignore
Followers 13
Posts 246
Boards Moderated 0
Alias Born 12/21/2010

Ed Ajootian

Re: zenvesting post# 596

Monday, 11/14/2011 7:28:18 AM

Monday, November 14, 2011 7:28:18 AM

Post# of 2604
Zen, great point, maybe they'll get there after all. Even if they "only" get to 3,800 boepd that would still constitute tremendous growth in sequential quarterly production.

From the 10Q I note that Wayzata, their former lender, exercised 800K of their penny warrants. I believe the shares underlying those warrants are registered, which means they could be hitting the market together with the April PP shares. Hopefully the upcoming road show will engender some crosses where one or more big buyers could be found to take down big chunks of this overhang in one (or a few) shot(s).
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up