quarterly report for quarter ended june 30,2024
Post# of 1000
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https://www.otcmarkets.com/filing/html?id=177...HoyW6CFABh
positive current ratio 4.495M current assets; 2.495M current liabilities
p.35 subsequent events note 7 - Subsequent Events
(i) Approximately $1,797,000 was collected through the Company’s DSPP program during the period July 1 through August 6, 2024. Of this amount, approximately $1,122,000 represents cash received for receivables on our books at June 30, 2024. The difference of $675,000 represents new investments during July and August 2024.
total assets of 28.8M- most of which is capitalized 'construction' etc well costs-which is impaired if well doesnt produce-as we've seen many times before
p33: no current litigation; not presently in a combat zone nor have they been
ca 290 M accumulated deficit without revenues- a double-sided blessing /curse few companies ever achieve - due to possible worldwide support from a type of person which supersedes national boundaries- a type of person illegal in many countries as part of those in power dreaming of a one world govt w a one world religion trying to destroy the little satan (israel) and the great satan (usa) or is it the other way around- see the prophecies-humans dont know anything -they dont want to -esp re justice - but in the end fortunately they dont decide these things-e.g. eijahlist.com; https://www.jgminternational.org/media
ppl are buying shares like hotcakes at this ridiculously low pps-- 640M shares dec 31,23 and 818 plus M shares june 30,2024
risk reward- if the new tech procedures to get oil to flow dont succeed how will they finance a new well at the even much lower pps which would exist if the well fails this time? -is it time for His ppl to be blessed??- the prophecies indicate it is-that judgment and justice are beginning...
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