Brixton Energy Corp PMBJF

BRX BIDS .01 /ASK .015 CENTS

[JDTRADER888]

Looks like there may be some new developments going on with BRX.According to last NR ,they are trying to make a deal or a buy-out on a oil well. Somebody just took out over 1.7 mil shares...let's see what happens...atb

[jimrockford]

I think it would be better to question BRX's huge company debt, egregious management pay, the disappearance of any talk re the promised 50 million loan, all the selling by the CFO/Director, the resignation of JH (a good man) and BRX's lack of ability to finance, yada, yada.   Caveat emptor.   Jim

[JDTRADER888]

I know there have been many set-backs ,but something is going on,volume is over 2.2 million.Cenovus and Ceno energy just recently picked up land in Panny river area.Brixton is still trying to re-capitalize,or JV and re-work  3 existing wells.

[jimrockford]

A few points:   - The volume done today so far is about $30k. Big whoop.   - The treasury is bare and huge debts are owed.   - A financing at a nickel means another roll-back to get it done - assuming they can find it.   - With the debt and no financing, this company is finished.   - The company has some oil assets and some big tax credits - but it isn't at all