this set up is just perfect!
it should be 'one or another'.. there was never a '2'
the original one was in $262k; and then they rescinded that one and redid another one of an amount that would (1) cancel the 1st one, and (2) do a financing of $2M instead.
uhmm... it is not a 'one week' .. pls read carefully
notice that it is from the CEO with $2M infusion .. could be that he doesn't know how to 'cut loss'.. or something else?
"American Eagle Energy Becomes Fourth U.S. Bankruptcy Of The Oil Bust.. 5/11/2015."
.. and it is not even rebounding in any meaningful manner