GlobeStar Therapeutics Corp (GSTC)

[Voices of Reason]

Math correction:

So let's take the example that they produce 223 bbls per day constant over the next year (ignoring the most recent 44% decline rate) - at current oil prices, that would equate to about 81,000 bbls valued at about $7.3 million. However, since FTTN's interest in the well is only 1%, that would only be $73k. This would not even cover FTTN's most recent G&A costs ($945k) - this is before contributing their share of drilling and operating costs for the well! In fact, the company does not have cash to support any operations without having an obscene amount of dilution occurring - they currently have only $1,359 in cash in the piggy bank!