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AQCI oil & gas stock. Some interesting volume lately. Appears CEO Sheridan Westgarde is getting this rolling. Many oil & gas leases concentrated in Texas.
Only 100m outstanding. Could really have a nice gainer here when the filings to the otcbb comes thru. Matters "have been in the works" for some time.
Always do your DD before sinking any $$$ into a penny.
Posts: 7 | From: USA | Registered: May 2006
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The Company plans to obtain the approval of its shareholders to increase the total number of authorized shares as well as perform a reverse split of the issued and outstanding shares to provide for the conversion of debentures for equity, use equity positions as incentive for attracting professionals, payment of professionals, sell additional shares for cash and use equity as payment for mergers and acquisitions (See Note 14 - Notes to Consolidated Financial Statements).
Did they ever do this????????????
Posts: 793 | Registered: Aug 2004
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