DXI Capital Corp. (DXIEF)

[Cougar6]

I get the feeling that management believes that they should have a higher SP. Until recently they really haven't done anything to foster the level of confidence needed for people to take a chance on the company. Releasing information on Koko was a good start. They already know their production numbers. Maybe they are expecting a bump when the next quarter is released. They seem to be headed in the right direction with the low overhead drilling deals until they have the revenue to do things on their own. And staying on a reputable market is another smart move. But I am still skeptical (as I am sure are others).

I was accumulating, and I may regret it, but I think I will sit on the sidelines for a while to see what happens after the R/S.