I went back and checked the time frames and you are right. The contracts were done in June and July just before the s..t hit the fan.
Unfortunately it looks like management has been using proceeds from the oil business to pay parent company legal bills while not paying the division bills.
It sounds like the Canadian company got most of their equipment back which leaves the question of how much work are Ideal and Kilgore doing now? Do they need this equipment to produce positive revenue or are they going to be an empty warehouse equal to the empty Murphy pit. Both need equipment to produce revenue.
Funny Shelby they (PBLS) were not telling the shareholders things were going to chit in June of 2007........................ A few things come to mind watching these old videos.
1 My Grandmother. 2 Wealthy shareholders 3 Naked short selling (LOL) 4 Bull5hit Pr's 5 "We dont care if the stock is selling at 1.5 or .001" 6 The millions and Billions................................