NO! Now think about the totality. The PO is not healthy. They can't afford New vehicles, let alone new fueling facilities at half a mil per.
Now count all of the sites which are too small to support NGV'S and a fueling facility.
So now we are way below 200,000 Ngv' s.
Now do the new. ROI. with today's economics.
It would be a big boost, but it ain't happening. This company is going down without a new team, and hopium laced posts are just pure fiction.
Does anyone recall management telling us we would reach profitability by 2016? Has this team ever fulfilled a promise, on time? Carl thinks they might even get their spending in check by then...
That will be made easier, because they will have run out of $$$ by then.
It WAS a huge businesses potential. That is why we traded at $29/share.
This team has squandered this huge business opportunity all the way down to 3 cents!
Fire the lot, and put in some real professionals or this goes to $0 . It is only a matter of time.
I think that it is kinda late to believe anything said by this company or its management don't you?
These guys lie as much as ponce.
Nice call Taf, it is funny that some "true believers" don't understand the scam being perpetrated here.
So they pump so the insiders can take even more. But the pumpers end up holding the bag.
If I was the Judge or a creditor, I would insist that the workout plan including removing the senior management and Board. These guys are not capable of running an oil company when oil is over $100. There is no way that they can run a company in Chapter 11, and oil at $50 !
Rudderless ship. No captain at the helm. The rats have long abandoned ...
As for the Feb bump, I think it was the hopium smokers who were buying on the rumor, hoping the financials would be better than they were... just look at the flood of positive posts when the numbers came out.
But the reality is that this is a broken company with a business model which does not make $$$.
Just like the hype that pumped this above $40/share; I believe that without some major positive news, FEB will be the high point for 2015.
The buy back adds value? On what planet?
The buy back is using shareholder money raised by the company at higher values to buy back their OWN shares at a lower price. Yes it artificially props up the share price, but not the underlying value of the company...see "lipstick on a pig". You are addicted to Hopium. Sell and take your profits, because nothing fundamentally has changed to reverse the trend, except the lame buy back.
Right, and all the big funds and partners, and they couldn't manage to get funded... The "Q" says you are WRONG !
aah Avi? This board is already closed... notice the date on the post before yours?
Try bashing over on BPZRQ now....we are waiting
And financials came out on Saturday... Buy on the rumor; sell on the facts, especially if the facts are bad news...