RE: Conference Call on ExxonMobil I beg to differ, the investment community gets this deal completely. CBM has to fund the drilling for a peice of the pie. the only problem is we have.
Market Cap | $31.1M | Beta | 0.96 |
Revenue (TTM) | $0.00 | EPS | $-0.22 |
Shares Out. | 168.0M | Book Value | $0.01 |
CBM Asia Development Corp does not pay a dividend. | P/E | -- |
Price/Sales (TTM) | -- |
P/Cash Flow (TTM) | -- |
Operating Margin |
168,000,000 shares outstanding and i imagine less then 4 million in the bank. Management thought by including exxon mobile in the press release we would be back at .40 but that is not the case. Considering the weakness of the junor market and the fact every project these guys are involved in are drastically behind on the timelines given during the past 24 months. money will have to be raised, no question about that. Dont get mad at me for speaking the truth, i own stock. I am just not being foolish and thinking we will all be giving high fives until we have to dilute to 300 million shares and join another project as the minority. It is like management has multiple personalities..... after sekiyu they said they will only be the majority..... they went out andbought land to do this, we have 3 parcels of land at 70% and now they are reverting back to what they hated.sigh......
i hope we all make money, but it will be a while