This company in the near future!!!!! con't. sorry my kid had to go to school.
This is whats going to happen to US oil sands in the near future:
(first) the company will probably sell 100,000,000+ shares at .04 to generate cash flow.
(2) the company will then start the plant up running at about 50% capacity for the first 2 weeks, then ramp up to full production slowly till dec.
(3) by december 5 the stock should be up to about .08 to .10 cents by this time, my guess.
(4) by the first quarter the company will release good news about production, but also release that they will consolidate the shares probably around 15:1 ratio, by the time this news comes out the stock should be around .12 to .17 cents.
(5) so the new stock and price will be (I hope) around 125,000,000 shares at a price of $1.80
(6) then the company will do a private placement of around 20,000,000 shares, because they will need abit more cash to repair anything that came up, and start clearing land for more oil production.
(7) by the second quarter the company should show profit. the stock price hopfully should be around $2.00 by then.
this is my guess people, hope it helps.