I have a few questions on behalf of some shareholders if you wouldn’t mind addressing:
• How many shares are currently issued and outstanding to vendors/suppliers for capital purchases? • Earlier this year the company commented that it will need $3 million in capital for operating expenses in FY2013. Has this figure changed since the beginning of the year? • The company estimates +$30 million in FY2013 revenues but has a current market capitalization of just $4.5 million. The company had a market capitalization of approximately $12 million at the end of FY2011 with only $11 million in revenue. With these figures alone, the current forecast of FY2013 does not justify or explain the current PPS. What is management’s strategy to address the current market capitalization? • When does the company expect the Papua New Guinea JV to materialize? • When does the company expect the Dubai operations to materialize? • Is management currently operating out of The Woodlands office or at the Scott, Louisiana facility?
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