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Prostar Holdings Inc V.MAPS

Alternate Symbol(s):  MAPPF

ProStar Holdings Inc. is a geospatial technology company that is a developer of software-as-a-service (SaaS)-based solutions. The Company is engaged in providing precision mapping solutions and geospatial intelligence software, which is designed to enhance the management and maintenance of the asset lifecycle for asset-centric industries. The Company’s PointMan product is a cloud and mobile software application. PointMan provides a precision mapping solution that provides the ability to capture, record, display, and manage critical infrastructure in real-time, including roads, bridges, railways, pipelines, and utilities. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries. Its Solution enables real-time access to precise location information on what lies below the earth's surface.


TSXV:MAPS - Post by User

Bullboard Posts
Comment by ripantuckon Dec 06, 2011 12:03pm
72 Views
Post# 19295594

RE: Doxa's Q3 is on SEDAR

RE: Doxa's Q3 is on SEDAR Thanks for posting. Looks like you and I are the only interested investors on Stockhouse.Anyway, reading between the lines, it appears that with the new well producing in November, we should be at or above a rate of $2,000,000 per year in gross revenues. Probably a bit above because both oil and gas prices have increased since the 3rd quarter.Assuming they continue to drill on their original Texas properties and assuming they hit 2 or 3 good wells in the First Quarter of 2012, they should be able to self fund future drilling expenses. However, it appears to me that they may have to do one more equity financing within the next month or two. I hope not, at these SP's.Stock price is very strange. This may be the most "de-risked" holding I have, yet the SP keeps trending downward. I am going to have to pick up some more shares.Rip
Bullboard Posts