100 days without an announcement, page-23

Bandy has a war chest to swing at a great opportunity when it presents itself.

Plenty of time and from the last announcement all major shareholders have approved his due dilligence and patience. To quote the annoucement yesterday:

This philosophy, coupled with the continued depressed oil & gas market and the company’s strong cash balance, has the support of the company’s major shareholders, the full board and its advisors.

It will not happen overnight, but it will happen with a MC of $8.5M and a cash position $10.9M.