RE:RE:Why?
Interesting that this article was published 6 days before the last financials. Fidelity has sold 240,333 shares in last 13 trading days, after the financial came out. They have not bought a single share. I think this is seed stock holders selling but this is just my opinion. Artisan should get about $89,000 cash from the 445,000 options that should have been exercised at .20 cents. These options have since expired on Nov 29th. I personaly suspect the Fidelity selling is related to same. The good part is this will pay the rent next year.
Company reported 275 BOE in down from 310 BOE in Sept 2013....just 30 days earlier and 400 BOE in July 2013. I wonder what production is now? Company needs public money to help pay over 8 million debt and have any chance of drilling more wells as reported Nov 26.
I wonder how much ($60,000?) the author was paid to prepare this report that stockwrestler posted?? -- Chuckle Chuckle
Goog luck to all - PLEASE do your own DD