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AliAngel

04/22/11 3:14 PM

#300 RE: Bluecreature #299

His background is big oil and it will show here now.
Producing acreage with more room to develop is like buying gold ten year ago right now.
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stockbird55

04/22/11 5:52 PM

#305 RE: Bluecreature #299

and his stock ECCE has done nothing but go down. Doesn't look good for CXTO shareholders does it?

Also ECCE generated revenues of 78,301 and $113,006 in 2010 and 2009, respecitvely, while managing to bleed out 495,749 and 1,840,292 in SG&A for 2009 and 2010 respectively.

So let's look at the future of cxto: nearly one billion shares authorized, and a management history of buring a lot of cash (and not generating much in the way of revenue. :(