Great volume today on the NYSE today I wish the 2nd quarter came in better Does anybody have any guesses what the liqudation value would be??
Skin IN THE GAME.........
if you look at the Board of Directors, John Brydson (Greenwich, CT) has the most skin in the game, with over 2 million shares. His most recent purchase was in April of this year, where he bought 250K shares at an average cost of $1.60 USD. He also has a business background, which is surprisingly uncommon on this BOD. Although Mr. Brydson is clearly a wealthy man, he didn't get there by losing money. He looks to be our best advocate on the BOD, and someone we should all be in contact with.
Since Management is not acting on our behalf, and the current Acting Chairman (George Homer Brookman), has virtually no stock, and has been in his current position since August 2004 (thus participating in every major stupid decision made by this Company over the last decade) Brydson is our best opportunity to generate value. This guy knows that there is value in the Company, and he has the background and experience to monetize it for the benefit of shareholders.
The production drop and increased debt in the 2nd quarter is also unsettling. What ever happened to the promise of INCREASED PRODUCTION?
If Mr French and Mr Brookman have so few shares, then maybe it's time someone with more skin in the game took over. This is looking more and more like it's just a paycheck for some of the company's upper management. Time for a new Chairman??????????????????????
is it time for an Activist investor to step up to the plate.... any takers........... Nawar?
volume drying up but another 52 week low . tired of darkness, the dawn comes tuesday 8/22 push back toward the prevention of reverse split talk . hopefully back to over 1.00 as long as no artificial trump crisis, that spooks market . imo .
I believe 3 things need to happen before we see OBE's share price go up.
#1: Oil prices need to stabilize in the area of $55.00 or more, (and that alone will not move OBE's share price up much).
#2: The issue with the SEC needs to be resolved.
#3: OBE will have to prove that the company makes a profit consistently for several quarters, debt does not increase, and production increases significantly.
It also wouldn't hurt to see Mr French buy a substantial amount of shares, this would give him much more incentive to increase shareholder value.
This is going to be a 3 year wait. I for one, am tired of hearing CEO's talk about their 5 year plans Mr French, put some skin in the game and buy some shares, actions speak volumes over talk.
Call investor relations at 1 (866) 693-2707 ask for investors relations . They will not answer but leave them a message to have Mr French step up to the plate and put his money where his mouth is . Do some insider buying I would be ok with a company buy back of 20 million better then nothing.
how many new 52 week lows do we have to observe before some one or maybe a press release explaining what our board proposes to firm up shares WITHOUT a reverse split !
Is somebody going to do something about this stock or will be just be informed some day that the stock is worthless ?
Oil up 2.8% and no lift to pps? I think management needs to explain what's going on.
Keep ignoring the obvious and you will never make money in the market. Fracking is the reason oil is declining. Its not going away its only going to get worse. 30 handle oil is a very real possibility.
MicroCap News Alert: - Startup - Clean Energy Technologies (CETY) buys General Electric “Heat Recovery Systems Division” and within 2 years achieves break-even with sales now set to soar and to be profitable.
CETY announced today the launch of Pacific Rim Initiative with over 20 locations already identified by CETY and PPA power company authorities.
Early orders likely to exceed $25 million in annuitized sales. 12 month target price $.25
CETY/GE proprietary oil-free magnetic levitation turbine technology shatters the competition’s old oil-lubricated screw expander technologies.
Company expects to up list to NASDAQ.
CETY's implementation includes creative lease financing structure, that facilitates rapid adoption and ease of entry with long-term payment structure that allows the utility user to align its investment with actual energy and cost savings realized through use of Clean Cycle™ units," said Kam Mahdi, CEO of CETY.
CETY being welcomed with red carpet to largest markets in the world in need of clean energy.
Clean Energy Technologies (CETY) Launches Pacific Rim Initiative
COSTA MESA, Calif. , Aug. 15, 2017 Clean Energy Technologies, Inc. (OTC: CETY) announced that CETY officially launched its new campaign to deliver its energy solutions to Island Nations utilities at the ...
EAPH .024 This will be 1.00 before obe is 2.00 Canada is legalizing cannabis for all. You need to make some money to dig yourself out of the obe hole your in.
Sell now and buy back under .5
Big money always knows before the retail investor. The stock is talking are you listening ? Someone knows bad news is coming. Took a lot of money from selling to force down the price below 1.oo
Better yet pumptart losers don't buy EAPH just sit here in obe and watch your money disappear.
I feel desperation...that is a good sign
Wow about the most exciting headline I see from earnings is OBE Q2 Net Loss Meets Street view....this will inspire a lot of buyers I guarantee. Did anyone listen to CC? Did he mention SEC suite?
Just as I posted
Fracking boom: US shale oil output to top 6 million barrels a day in August and September
Oil production in several key oil producing regions will grow by 117,000 barrels a day in September, the Energy Information Administration forecast. Total production from these regions will top 6 million barrels a day in August and September. EIA began monitoring production in the Anadarko region in Oklahoma and part of Texas in its August Drilling Productivity Report.
1.oo,99,98,97,96,95,94,93,92,91,90,89............ Get the picture ? Congratulations marketdatabull 2.5 years of making a complete fool of yourself.
This board has become professional excuse makers. orthodoc you take first prize. You're as bad if not worse than marketdatabull Clowns without a clue