Replies to post #3614 on DXI Capital Corp. (DXIEF)

[mongoose64801]

I would tend to agree with you. They had to do the R/S to meet exchange compliance requirements. Of course they would hold off until after the KoKo news. A R/S does not automatically mean further dilution. These are very tough times in the entire O&G sector, but HOPEFULLY this little company has just secured their future with positive cash flow and will live to see better prices.
Until prices improve it is hard to see how they can develop much more of their properties so my concern is this stock is just dead money for another year.