Well at least they can't get any worse then their current activities. Next stop would be delisting.
I certainly aren't happy about the company and share price - but at least they are trying new activities to move ahead.
This was an old abandoned oil field. If the existing owners don't have cash to operate then it is worth little.
Look at it as an opportunity. Something that wasn't here yesterday!
Who knows it could be worth a couple of cents one day so buying now at rock bottom can't be a bad thing. But don't rob your kids of their education fund.
A million shares at $1000 today! A million shares at 2 cents - $20,000. Could be a nice little profit one day for a little outlay.
News: Red Sky Energy’s oilfield acquisition valued at $30M, page-4
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| Open | High | Low | Value | Volume |
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