A $600,000 convertible debenture just announced to fund daily routine as well as due diligence on that Kentucky Shale gas LOI.
We're just days from the Special Meeting to approve a RS anywhere from 1 for 5 to 1 for 11.
ROE will not likely revisit its low of .04 or less and many see the share price slowly rising to .10 soon. A lot depends on that LOI becoming a contract.
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