Tri Vy Corp (AMEX:TIV)
CAPS Rating:
The Company is in the business of exploring, acquiring and developing petroleum and metal and mineral properties and interests therein.
The Company is in the business of exploring, acquiring and developing petroleum and metal and mineral properties and interests therein.
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Recs
Another pick courtesy of asensio.com.
Plenty of danger signs: negative operating cash flow, negative earings, positive cash flow from financing activies, decreasing reserves (and not from lack of trying) and unseemly option grants to insiders. Lots of press releases though.
Fun irrelevant fact from the most recent 10-Q: "During the second quarter, we purchased a 2006 Chevrolet Silverado truck and signed a note for $29,872.81 with monthly payments of $577.44 for 60 months and an interest rate of 5.50%. The lender is GMAC."