That is from fiscal year end 6-30-06/ If you read the most current filings it appears that the company may be default of their loan to Cornell. Cornell is believed by many to be a toxic financier.
On the other hand their balance sheet and earnings are improving. Oil is at an all time high should improve even more. Per the Nevada sos the A/S is 305M still not bad and they are an OTCBB instead of a pink.
Thanks for the finding if I choose to play it next week I will definitely have my eye on the exit door and my track shoes on.....lol
learner- Many years of experience have taught me if Cornell or NIR is involved with financing, run away as fast as you can. It seems when a company's credit worthiness is not good enough for anyone else, these two will finance, but the higher costs are many times too much for the company to overcome. Those two are the worst of the toxic financiers. JMHO
News 
Market Data 
Discover 
