Keeping their word right on time. I was told we could see updates starting the first of the year and 8-k's as material events happen.
* IR phone line open * 18 month operational restructure OFFICIALLY done * $36 million in assets * $9 million in liabilities * $27 million in shareholder equity * 13.8 million shares o/s, approx. 65% insider owned * NYSE inroad * 14,000% increase in asset base in less than 5 years * In same 5 years, revenues went from zero to over $11 million reported YTD last quarter * Based in Houston and doing business in all the U.S. Basins * Second public co. started by founder, the first he sold for $1.1 billion
$ALYE All debt converted by officers and directors into a preferred placement though an LLC.
Now they own the company as an investment, not a debt.