GASFRAC Energy Services Inc. GSFVF

RE: RE: RE: Analysts are....

[gascrap]

I absolutely am a disgruntled investor.  What gave it away? ; )  I don't know any details about the options other than the info that is on canadianinsider.com.  I emailed the company, but of course, they don't return emails or calls.  I can live with making a bad investment, I am just infuriated when the opportunity is there, but the management blows it, which is what I believe has happened here.  The company line since forever has been that they are getting great results.  The results are so great, in fact, that the customer doesn't want them shared with anybody as it's a competitive advantage.  Really?  Then where are all the long term contracts from these happy customers?  I believe the company could find a way out of this mess by doing two things.  1.  Forget about selling to the o+g companies and pitch communities and landowners.  Explain the environmental benefits for them if they insist on lpg fracking being used on their land.  Truck traffic cut by 90%+, no toxic swimming pools, less flaring, etc.    Create the demand from that side and then negotiate with the o+g companies.  2.  Start a e+p division.  We now have a 20 acre headquarters in Texas that is staffed up with people and equipment.  The utilization rate last quarter was 7% i think?  Let's get into the production game and start bringing in some revenue!  This would provide us with all the data we need to sell the process.  Unfortunately, I think it's too little too late.  I don't see how they will be able to attract any top talent at this point for the ceo position.  I've been less than impressed with Mr Hill (interim ceo) as the head of marketing and public relations, and they will need to recapitalize if the next two quarters are poor as one would think they must be with the departure of the top two execs.   What is giving you cause for optimism?