Ann: New PSCs with existing gas resources and multi Tcf potential, page-6

One of the issues is that there is zero brokerage coverage of the stock. Marketing happened and a value was put on the stock at the time of the IPO but apart from some company announcememts (which have been positive) there is an information vacuum. Difficult for a company of $200mm mkt cap to get interest from brokers to write reports as there is limited business they can generate for doing the work. You would have thought that the broker who led the IPO would publish. Where are they? Not uncommon for small-to-mid cap companies to further hire research arms of brokerages to publish research. Of course this can raise questions of impartiality but if its a reputable house then this can be appreciated by the market. Again, where is this? Are management sleeping?