TOTAL ASSETS $1,093,954 TOTAL LIABILITIES $2,647,343
Not bad for a penny stock. With the 5th well coming back online to start the current reporting period, good chance they nibble away at the liabilities. The market cap being this low, still a very attractive stock to buy and hold for me. IMO, once the liabilities are wiped out, then they can look at digging some more holes.
And I thought the hit a few days ago was nice...today's hit was $15,000 and another $5,000 sitting there for a couple of hours and no takers. Guess I'm not the only one sitting on shares at this level and expecting much better returns.
All I want is Patience, and I want it NOW!!!!!!!!!