GREY:GLKFF - Post by User
Comment by
rustycaton Nov 08, 2019 1:47pm
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Post# 30328594
RE:RE:Compelling Results from Endurance HARP Install
RE:RE:Compelling Results from Endurance HARP InstallI will comment, with the hope that someone involved at RPC will address it. Eric is prone to throwing out percentage increases, which often times are silly, but that's not my main issue with them. For example, in this referenced Linkedin msg, there is mention of 198% increase in production after the HARP install. I want to know, and this has always been in an unknown in previous percentage increased measurements, how long the well was shut in between the pulling of the old pump and the install of the HARP. Also, I want to know at what point after the install were the increases in production measured. Without these critical time parameters, percentage increases are justifiedly suspect and one wonders why such information is not clearly spelled out.
As Mark Twain said: "Figures don't lie, but Liars figure."
Obviously, ELS and RPC investors believe this is a game changing product. The elephant in the room is why there is no activity on the pinks in the US. Certainly ELS personnel are aware of the pump, their customers that have had success are aware, but no one will spend US .10 to buy a share. That is very confusing, to say the least.