Rooster Energy PRBEQ

Volume picking up

[snootchybootchy]

By my count, close to half-a-million shares have been traded over the last week.  Perhaps a sign that this company will continue to operate as a going concern?

[westcoast1000]

Snootchy, They signed a financing deal until 2018 unless I missed something. The board chair will be holding all the paper, I would guess, but no one made that clear. They are paying libor plus 13 percent again, plus principal payments. There is no reason why they would not operate as a going concern except if they cannot pay the interest and principal. Look at the web site for Morrison, the

[Burnerman]

Let's hope the next quarterly report reveals some positive results. Personally I and I'm sure others would feel a lot better if they omit that " going concern " line this time.      GLTA

[redgreen66]

I know I would feel a lot better if they did that! I noticed the volume ramping up as well. With the likely filing of the next round of quarterly results (2nd quarter) likely coming out in the next 2 weeks, I figure people are either buying in with the speculation of much better results and a fast gain or the rumours are coming out that the outlook is good and people in the know are getting in

[Burnerman]

I wish I had a small position. I purchased this one at .14 and have been averaging down ever since. I nearly lost it when I seen that " going concern " clause. I had lost many thousands when O'Bummer signed the Iran deal and shortly after 3 of the holdings I had filed for bankruptcy. I thought this one was safe due to the high insider ownership. I hope I'm not proven wrong or my