I am hoping they use the dry powder to buy a brewery. No one in that business is stupid enough to sell their product for a loss year after year.
Drill high price wells, don't hedge, then sell @ low prices. Dead money at best but probably should be marked down a lot further.
Pump like crazy and no $ for the holders. Only way you can make any $ off of this is drive your car for Uber.
Unloaded the boat on you mullets
Or just practice drilling their girlfriends, eh?
Do you really think Schiller is trustworthy? He has one thing in mind, and it isn't the interest of his investors. But, with this debt load and the servicing cost, nothing short of a miracle will keep this company afloat.
Looks like we are there. We are giving back quite a bit of the recent gains.
What do you think they pay for all those advertisement with along with the free books?