I am guessing because they all paid for leases to extract the gas in the first place. also some leases I would imagine guarantee production.
I don't recall prior institution ownership, are these new owners?
Yahoo is reporting the following:
Top Institutional Holders
Verition Fund Management, LLC 140,135 1.17 319,507 Jun 30, 2014
Perkins Capital Management, Inc. 136,000 1.13 310,080 Jun 30, 2014
DAFNA Capital Management, LLC 116,279 0.97 265,116 Jun 30, 2014
Credit Suisse/ 110,274 0.92 251,424 Jun 30, 2014
Polar Securities Inc 70,000 0.58 159,600 Jun 30, 2014
Deutsche Bank Aktiengesellschaft 4,865 0.04 11,092 Jun 30, 2014
Ground Swell Capital, LLC 300 0.00 684 Jun 30, 2014
Community Bank System, Inc. 250 0.00 570 Jun 30, 2014
Creative Planning 143 0.00 326 Jun 30, 2014
Royal Bank of Canada 72 0.00 164 Jun 30, 2014
Portugal Telecom’s shareholder vote on September 8th to approve the new terms of their deal to combine with Oi following the Rio Forte debacle.
what if anything do you know about their rigs, are they the older type or more modern? I know that could be a big concern with this type of company.
Hey mike what info can you give me on this stock. what is obvious and not so obvious. what is the low down. would love your perspective.
I don't want to not be a critic here, but all expenses are going higher each Q, while revenues are dropping.
there is no point entering business agreements that are not net positive.
The premises leased pursuant to the Original Lease consisted of approximately 4,366 rentable square feet of space in the building (the "Building") located at 3303 Monte Villa Parkway, Bothell, Washington. The Company leased an additional 5,798 rentable square feet of space in the Building pursuant to the First Lease Amendment. The Second Lease Amendment expanded the premises leased by the Company from the Landlord to approximately 20,462 rentable square feet. The Third Lease Amendment expanded the premises to 20,761 rentable square feet. The Fourth Lease Amendment expanded the premises to 25,864 rentable square feet. The Fifth Lease Amendment expanded the premises to 30,357 rentable square feet.
Under the Fifth Lease Amendment, beginning November 15, 2015, the Company's monthly base rent will increase by $6,739.50 per month to an aggregate of $55,708.67 per month. The Company's base rent will increase from time to time, as set forth in Exhibit B.5 to the Fifth Lease Amendment. The Company is also required to pay an amount equal to its proportionate share of certain taxes and operating expenses for the leased premises.
thank you for posting that. super information. I would say that based on what I read, to get these speeds, you would need fiber service to the curb at a minimum. they are only achieving these speeds over copper within 328 feet. I am sure there will be huge advances, but that will take time.