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maverick one

06/06/22 6:44 PM

#5326 RE: jjwood #5325

Agreed. It’s not like the company personally trades their own stock, instead they cut deals with investors, in exchange they give it out to their money folks at a set conversion price. The company likely or could be, might be not too concerned about imo about what PPS is on the public trading prices. Why would they be? They already raised their capital. They got their $2.5 million.Their focused on what makes them greener corporate wise potentially - imo it doesn’t always correlate with public shareholders. For this to go up imo, it’ll have to be from other potential shareholders discovering and buying in, and they saw news out and think this can be a smart cheaper than cheap buy. Unless they start producing a substantial more oil, and attract new shareholders - imo - this many never increase to what we would expect it to be. I don’t think this might be going anywhere potentially for a couple of years perhaps. I just don’t see the company drilling anything new until months from now- after they secure a permit. That doesn’t happen over night either. Who knows when and if and where they applied at, or when they will. Hey great - they acquired. But show us the money Jerry. LOL at 3 pennies, aye aye captain, that produces 30 BOE daily in heavy kern crude. Maybe down the line PPS might increase - god only knows - make sure JJ you got a life jacket on. Do you think management really intends or wants a greener PPS some day? Only they know imo.