Delisting causes dej to have a big fat q at the end of the name. Will prob be under .01 in otc. It dosent take rocket science to figure out this company relys on share dillution to pay the bills and stay afloat. Take away dillution and the bills will not get paid including the 3.5 million dollar loan @14% interest. You all just need to let it go. This company is going bk. I say there is a 99.999% chance of it. The only reason is say it is not 100% is because if the fed never tapers some #$%$ may decide to take out a loan to buy this pos company and all of their funding issues.
Why do you keep saying this same garbage ? You know the company intends on taking a 40% cut in expenses. Wouldn't it make sense for that to be the first major announcement ? Seconded by good news like total financing for 7 WF and 2 Niobrara wells . Oh yes, we need to finance 25M shares at current share structure to give a better impact on revenues ,in different words " a better slice of the income from the wells " Makes sense in a market where damn near everything is going down except natural gas .
A consolidation ? maybe in June . ,if all goes well. Why do it prior when the result is a 15% decline in share price . ,on average Why do you spout this non sense .? and claim to be long this stock