and as of that date the Company's current liabilities exceeded its current assets by $2,245,247
That's what matters. Accumulated deficit is a non-issue. The 5th well went back online, and since oil prices have been higher, the company can get the assets above liabilities in the near future. This IMO.
I still think this investment has a ton of potential from this level just looking at the marketcap. I tried to get some of the low 2's the other day, but didn't fill. Not sure if I will put up bids in the low 2's, wait for high teens, or hit some low 3's. I've accumulated nicely since late last year, but not opposed to grabbing some more.
GL
All I want is Patience, and I want it NOW!!!!!!!!!
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