Flood water was spring this year. Yes, it was Gerry...., and Mike told someone yesterday the same thing, that they still hope to frack, complete, and connect the well this year, and have cash flow starting by year end, that confirms what Gerry told me about 2 weeks ago.
Someone asked me about the Warrants this morning. The new shares and warrants will have a 4 month trade restriction, un-tradeable for at least 4 months after issue. That is if the SEC registration is completed in time, otherwise they are trapped for longer. The Warrants can not even be exercised for at least 4 months, and will require registration before they can even be exercised, and once exercised will also have another 4 month trade delay before they can be sold.
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