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futrcash

04/21/11 5:34 PM

#37 RE: sumisu #36

Selling @ the price of their most recent PP here-


Successfully closed a financing of 22,730,000 common shares at a
price of $1.10 per common share for gross proceeds of $25 million.



Seeing as how earnings/share were .04 last quarter,it wouldn't be out of line to expect .20+ earnings/share this year with oil over $85/

Seems to me these shares should trade north of $3 within 12 months-



http://finance.yahoo.com/news/NOVUS-ENERGY-INC-ANNOUNCES-cnw-2698266350.html?x=0&.v=1

imo

futr