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Message: quarterly report out

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Re: quarterly report out

in response to Re: quarterly report out by gggas
posted on Mar 18, 09 10:40AM

further to the last quarterly....

I would say the company is keeping an even keel. I'm not down on the company nor am I jumping for joy at this point. Our assets are down, but so are the liabilities with a loan being paid off. Revenues are down because of depress ed oil prices so the company has cut expenses too which was the right thing to do. The number of shares outstanding has remained constant the last quaarter so there has been no dillutionary effect for the shareholders. I guess I'd like to see rising energy prices to help boost revenues and the bottom line. Mythoughts for now...

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