Post by
DirkDigler on Feb 28, 2022 10:46pm
What a strange setup here?
AOC is an oil play that switched to a green play last year and hasn't had news since the summer. Last financials showed $35k in cash, $2.4 million in assets, $403k in liabilities and no revenue, with a quarterly cash burn of around $550k. Not sure how this thing still has a $6 million MC, they need to restructure the company by changing the name and injecting some capital.
Comment by
GenHandgrenade on Jul 05, 2024 1:04pm
Wow some news. Looks like this one may be rising up from the ashes. Still has producing oil and gas properties I think. All may not be lost. I have a stock (Prosys Tech Corp) which was suspended for years no news etc then there was news and they ended up paying dividends to share holders. Got my money back it was a pleasent surprise.