Who remembers this excerpt from a PR last year?
"An institutional research firm, M3, Inc., has initiated research coverage on CSMA. M3 will also assist the co. in SELECTING and FUNDING oil and gas projects. M3 specializes in emerging, energy-related PUBLIC companies".
I think some of this deserves a little revisiting. And, I would like to start with the coincidental selection of one of Mike Picken's holdings, complete with EPA 2 mil cleanup price tag, as one of CSMA's partnership projects with M3.
Seems to me (MO), that the property was hand-picked, and ANY energy-related company would've probably been suitable to work with on this project, as long as they agreed to buy the property from Mike, in turn, saving him (possibly M3) 2 mil. in EPA clean-up fees.
So, why the coverage? |
