InvestorsHub Logo

Apophis

12/21/06 7:26 PM

#22490 RE: Renavatio #22489

Net Profit/Earnings $3,000,000 ?


you may be off on this as more wells come on line?

it may be 3X that by year end but management has to prove themselves in the ability to achieve some set goals?

show how they can keep expanding the size of this company.

then $2-3 bucks in 2008

fratboy72

12/21/06 8:55 PM

#22506 RE: Renavatio #22489

Signing the LOI may mean $4M cash right away....

from 11/17/06 PR:
"In addition, the Company will receive a cash position of $4 million for further investment in the oil and gas industry via "Farm-outs" and direct working interest investments."

Not to mention the $1.8M in annual revenues from the properties included in that deal.

Also doesn't include any well-reworking they've done, are doing, or plan to do in 2007.............

Lots to look forward to here - Party's just getting started - pull up a chair, grab a brewski and get comfy........

popcorn202

12/22/06 8:28 AM

#22539 RE: Renavatio #22489

I have a "sell" order in to get my investment out at 0.15. This leaves me with a lot of free shares to ride.