what happened during these 6 months? first a lift-boat crashes, then exxon's pipeline starts leaking.
if this was some phony scam company we could have had a series of totally imaginary material events by now. we could have had our big run.
instead, we've been waiting for oil production - and now we have it.
and we've been waiting for loans to fund, that most likely need this steady income to collateralize them.
at the very least, we can use oil production from mustang island to pay off convertible debt, before each tranche reaches its maturity date, thereby avoiding any future conversions of stock.
now that the delays are over, loans ought to come "shortly". and i really do think we're close.
just look at the trading patterns here.