Interesting, THK stated $10,000,000 in cash from the KTO "merger" Last quarterly report indicates $6,752,000 was acquired from the acquisition and KTOs last report (30th April 2007) indicated $9,498,000 cash reserves. What happened to the $2,746,000 variance? When is the rubbish and disinformation going to cease from this company, Brennan was full of it and now we are still not being supplied the facts from the new board of directors. I have sent a please explain to CEO asking when are we going to be advised what sales we can expect over the next 12 months and just when are the 20 plus "successful" wells that THK drilled coming into production. All we get from this mob is "should increase", the word "should" is their escape clause.
THK Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
