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Re: Natemartin1976 post# 4576

Wednesday, 03/21/2012 10:24:11 AM

Wednesday, March 21, 2012 10:24:11 AM

Post# of 133793
Hi Natemartin, Yes you are correct regarding the three locations; one is a house (Wayne the CEO), one is a vacant lot (Which they have wells on, there is a trailer there for workers), and the Kentucky address is another residence (a 4 bedroom house).

It is pretty typical for small companies like this to have business office listings out of their homes, but definitely raises questions.

From a cash flow perspective though, it is much wiser to not waste money on office space if your work involves being in the field. So I am not surprised.

That being said, I am anxiously awaiting their Quarterly filing to see what's up. Last year they filed on March 21...which is TODAY.

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