Charts are an unbiased graphic depiction of Demand & Supply influencing Price Action (PA).. Diverse Small Cap Trader 40+ yrs. exp.. ZERO Investment Advice..
Dec 16, 2019 • 14 tweets • 5 min read
1/ Once in awhile one runs across a penny stock with 86,584,989 shares issued, management that doesn't rape it with exorbitant salaries, management fees, conslutting fees & share-based compensation & works within its revenue stream incurring minimal losses before write off's..
2/ Unfortunately it's not a #PotStock.
It's a 'PRODUCING' #NatGas play with:
$50,957,000 cash +
$13,912,000 Acc. Rec. +
$31,729,000 Property, plant & equipment =
$96,598,000 in total assets which converts into an asset value of $1.11 per share..