Hyduke Energy Services Inc. HYKCF

it wont happen !

[David_Adell]

If it would have happened it would have been  3months  ago when things were really bad. The company did the  tough slugging,  laid off half the work force, sold  some assets,  and raised the current ratio to above 3. rRig count in the states is going up   ,15 more rigs added last week,  first increase in over a year. As long as your cash flow is positive    u dont need positive earnings growth. Margins in  a tight industry  are hard to control; you tend to be a price taker in these times.    All you can do is trim costs and try to align  costs with ur anticipated revenue stream .They have done that with this contract, and possibly more, this sets up things for  balance sheet improvements ,  possibly  a positive in come statement, but  usually a   positive  Statement of Changes in Financial  Position is more realistic. I'm not saying  a financing isn't in the cards, but  i don't think it will    happen with the rebounding  nat gas markets    ' in play".    Hyduke knows in 3 months    its price will be      a lot higher and  can do  a dilution then  if needed with minimal stock price  slippage  based on the higher stock price and higher issuance price of new shares.