Prior to the Foothills announcement in Jul 18 AOW was trading...

Prior to the Foothills announcement in Jul 18 AOW was trading around 2.4 - 2.8, higher than 2.1c
At the time AOW was not generating $300K per month either.
So AOW is actually in a better shape revenue wise, just pity about additional $1m loss and liability.

There are obviously many issues that still need to be resolved as well as some new strategic directives.
Trust and competency questions towards the Board (old and new) and management team will no doubt be a key issue with shareholders, especially if you are not close to them.

There were also some major board re-shuffling just before the Prospectus and CR which may or may not have contributed to this kerfuffle.

The big question remains on whether AOW has a path of growth. At least oil prices are now significantly higher now than when it was in January.