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Rooster Energy PRBEQ

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."


GREY:PRBEQ - Post by User

Post by Burnermanon Mar 02, 2017 6:18am
191 Views
Post# 25917362

Sink or Swim?

Sink or Swim?They haven't defaulted on the forbearance agreement yet ( 2 days to go ) but at the same time financing has not been secured so the additional interest and fees will have to be paid. If management spent more time trying to make this company profitable instead of trying to find ways to bleed the company dry they might be able to remove the " going concern" line that has plagued us shareholders for a considerable time now.            GLTA
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