At end of conference call, KOG spokesman said the company was in great financial shape.
Others questioned that, pointing out KOG was burning through cash so quickly, it risked being bought out or having to raise more cash by issuing more shares.
Today, Monday, Auguat 9, 2010, KOG announces it will issue more shares.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.