"The company is still priced for BK and that's not gonna happen."
Oh really. You are forgetting about the lawsuits and cappy's measly $13 mil. in cash. I think BK is unavoidable.
"You are true gumshoe .....all those revenue decreases coincides with falling oil prices"
You better hope not because that's no going to get better anytime soon.
Shares outstanding Sept. 31 2015: 16,757,998
Shares outstanding Dec. 31 2015: 19,663,666
Almost 3 mil. shares of dilution (or 17%) in just one quarter. lol.