NNYR - .011 may be time to look at this one again. It had a good run and then went the r/s route and tanked back to where it was before as is typical in pinkies. High risk tiny oil and gas play.
However, the r/s was relatively low 1/20 and the share count is very low at this point.
Furthermore, the CEO now seems to understand that going the JV route rather than diluting may be the way to go. See last couple of PR's.
Share Structure as of June 23, 2007
A/S: 450 mil
Issued & outstanding shares: 12,164,286
Restricted shares: 1,672,000
Escrowed or Blocked shares: 3,500,000
Float: 6,992,286
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