RE:financials coming out soonYour post is laughable. How can they get their debt turned around when the bank was essentially going to call their loan unless they completed the deal they announced on May 15 by May 31. Seems to me it is now August 10th and they have not announced the deal is closed or provided any update whatsoever on it.
If that deal was real, it would mean the debenture should be trading at par (currently at .40 cents) and the common stock would have a solid equity or over .20 per share and the bank would be onside.
then of course there is the whole issue of the hedge they have which has been eating them a new rear end when the price of oil was over $100 during the quarter.
Yes we all want to see the financials but what we want to see if what is the status of that deal they announced and then that will set everything in motion good or bad.