Good luck buying this when the CEO dilutes you with out a care for your losses.....the toxic financing means share price will not and can not grow....NOT until SW gets off his butt and does something about it! After months of negotiations we heard about last year.....NOTHING!!! Not even a floor....at this rate, how long before he reverses us???
Outlook has never looked brighter!!!! As we make new historic low prices..... .0008 x .0009
Item 1.03 Bankruptcy or Receivership. On July 28, 2008, New Century Energy Corp., and its wholly owned subsidiaries, Gulf Coast Oil Corporation and Century Resources, Inc. (collectively the "Company," "we," or "us"), filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code, in the United States Bankruptcy Court for the Southern District of Texas, in order to facilitate their financial restructuring
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