Full Interview-Nov-5th...Here is full paid interview presentation...
CEO clearly stated maximum monthly revenues for all recompleted wells with VS installation will be around $1.8 to $2 million dollars / month. Assuming BOTAS pricing stays at $10mcf, and obviously decline with a drop in gas prices from BOTAS. Keep in mind, there monthly expenses are over $1.2 million/month, not including the $15mm debt interest costs. Expenses on G&A and the huge $15mm debt should be a serious concern. Revenues are not in line with company monthly expenses and posses a problem on the net profit results , and thereby will not attract new investors, in my opinion. Food for thought!!!