Acquired oil and gas properties Explored for new oil and gas reserves Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Average growth of 174% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
An investor who bought at the very peak is down 93% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 5 years, sales grew about 174% a year on average.
Sales run at $2.8M a year. A small number, but proof the product has real buyers.
A loss of $9.4M against $2.8M in annual sales.
The stock sits at $0.0007. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 2.1 times as much as the market average. Big rallies — and big drops — can both happen fast.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.