Could one of the knowlegable posters ....please lend your thoughts to the following:
What is the Beaver property bringing in currently as far as monthly revenue?
With more than 500 million o/s shares, am I the only one concerned that management will have to do at least an eight or ten to one share consolidation. I personally do not see any other way for management to hit the street to raise funds and they have already indicated that a reverse split is a possibility.
I hate to agree with a few of the negative posters, but the Karl well appears to have stalled momentum wise, and I can see the share price dwindling to .05 cents as many take the loss and move on to something else.
If it does hit .05 cents, a ten for one consolidation leaves approx 50 million shares out and a share price of .50 cents with all the same assets they have now. All of this at the cost of the current share holders.
Not bashing, just really concerned at the lack of information we are getting regarding Karls flow rates............
jmo