Isn't today after close that gasfrac in addition to reporting !st quarter earnings (or losses) that they promised to have a new ceo also? If I am not mistaken they said after earnings reported last time they would have one within 60 days?
The growth of this company and the future of this company is in the US. Reid McDonald, and for that matter, the current management in place and the BOD have no clue how to break in to the US market. They thought that they were just going to send a whole bunch of equipment to the US and everyone would sign contracts. They found out very quickly that wasn't the case as people in the US don't care what success they have had in Canada. This is why the hired Zeke Zeringue because they thought that he would help them grow in the US. They had a good BD group in Houston that was building a base of customers and then sent them packing last year along with Robert Lestz because of infighting over the direction of the company. I recently heard they let the rest of the US group go and are now only working for Blackbrush Energy.