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2021-10-06
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Camber Energy shares continued to plunge 15% after hours following scathing report<blockquote>在严厉的报告发布后，Camber Energy股价盘后继续暴跌15%</blockquote>
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last week, astonishingly, an average of $1.9 billion worth of Camber shares changed hands every day,\" the report stated.</p><p><blockquote>报告称：“尽管如此，Camber的股价在过去一个月里上涨了6倍；上周，令人惊讶的是，平均每天有价值19亿美元的Camber股票易手。”</blockquote></p><p> Viking Energy Group, owns interests in oil and gas fields in Texas, Louisiana, and Mississippi that collectively contain more than 145 active wells.</p><p><blockquote>维京能源集团拥有德克萨斯州、路易斯安那州和密西西比州油气田的权益，这些油气田总共包含超过145口活跃油井。</blockquote></p><p> The report said that \"the most fascinating part of the CEI boondoggle actually has to do with something far more basic: how many shares are there, and why has dilution been spiraling out of control?\"</p><p><blockquote>该报告称，“CEI无用行为中最令人着迷的部分实际上与更基本的事情有关：有多少股，为什么稀释会失控？”</blockquote></p><p> \"We believe the market is badly mistaken about Camber’s share count and ignorant of its terrifying capital structure,\" Kerrisdale said.</p><p><blockquote>Kerrisdale表示：“我们认为市场对Camber的股票数量存在严重误解，并且不了解其可怕的资本结构。”</blockquote></p><p> <b>Company response</b></p><p><blockquote><b>公司回应</b></blockquote></p><p> James Doris, Camber's president and CEOs, said in a statement that \"we are not involved in, nor do we comment on, the day-to-day trading of the company's common stock.\"</p><p><blockquote>Camber总裁兼首席执行官詹姆斯·多丽丝(James Doris)在一份声明中表示，“我们不参与公司普通股的日常交易，也不对其发表评论。”</blockquote></p><p> \"I can say, however, that our business relationships are legitimate and that we are firmly committed to improving the organization's capitalization and executing on our growth strategy,\" he continued.</p><p><blockquote>“然而，我可以说，我们的业务关系是合法的，我们坚定地致力于改善组织的资本并执行我们的增长战略，”他继续说道。</blockquote></p><p> With respect to the Company's public filings, Doris said \"our objective is for the company to become current on or before the expiry of the Initial Cure Period as established by the New York Stock Exchange, which is on or about November 19, 2021.\"</p><p><blockquote>关于公司的公开文件，多丽丝表示：“我们的目标是让公司在纽约证券交易所规定的初始修复期到期（即2021年11月19日左右）或之前实现现代化。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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last week, astonishingly, an average of $1.9 billion worth of Camber shares changed hands every day,\" the report stated.</p><p><blockquote>报告称：“尽管如此，Camber的股价在过去一个月里上涨了6倍；上周，令人惊讶的是，平均每天有价值19亿美元的Camber股票易手。”</blockquote></p><p> Viking Energy Group, owns interests in oil and gas fields in Texas, Louisiana, and Mississippi that collectively contain more than 145 active wells.</p><p><blockquote>维京能源集团拥有德克萨斯州、路易斯安那州和密西西比州油气田的权益，这些油气田总共包含超过145口活跃油井。</blockquote></p><p> The report said that \"the most fascinating part of the CEI boondoggle actually has to do with something far more basic: how many shares are there, and why has dilution been spiraling out of control?\"</p><p><blockquote>该报告称，“CEI无用行为中最令人着迷的部分实际上与更基本的事情有关：有多少股，为什么稀释会失控？”</blockquote></p><p> \"We believe the market is badly mistaken about Camber’s share count and ignorant of its terrifying capital structure,\" Kerrisdale said.</p><p><blockquote>Kerrisdale表示：“我们认为市场对Camber的股票数量存在严重误解，并且不了解其可怕的资本结构。”</blockquote></p><p> <b>Company response</b></p><p><blockquote><b>公司回应</b></blockquote></p><p> James Doris, Camber's president and CEOs, said in a statement that \"we are not involved in, nor do we comment on, the day-to-day trading of the company's common stock.\"</p><p><blockquote>Camber总裁兼首席执行官詹姆斯·多丽丝(James Doris)在一份声明中表示，“我们不参与公司普通股的日常交易，也不对其发表评论。”</blockquote></p><p> \"I can say, however, that our business relationships are legitimate and that we are firmly committed to improving the organization's capitalization and executing on our growth strategy,\" he continued.</p><p><blockquote>“然而，我可以说，我们的业务关系是合法的，我们坚定地致力于改善组织的资本并执行我们的增长战略，”他继续说道。</blockquote></p><p> With respect to the Company's public filings, Doris said \"our objective is for the company to become current on or before the expiry of the Initial Cure Period as established by the New York Stock Exchange, which is on or about November 19, 2021.\"</p><p><blockquote>关于公司的公开文件，多丽丝表示：“我们的目标是让公司在纽约证券交易所规定的初始修复期到期（即2021年11月19日左右）或之前实现现代化。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CEI":"Camber Energy"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181837371","content_text":"Camber Energy shares continued to plunge 15% after hours following scathing report.\n\nCamber is 'a defunct oil producer that has failed to file financial statements with the SEC since September 2020,' Kerrisdale Capital says.\nCamber Energy lost half its value Tuesday after a scathing report from Kerrisdale Capital said the independent oil and gas company was \"a defunct oil producer.\"\nShares of the Houston, Tex. company ended the regular session Tuesday off $1.56, or 51%, at $1.53.\nLast week, shares of Camber Energy soared when it became the highest trending name on StockTwits and in the top-5 on the WallStreetBets Reddit thread.\n\"Camber is a defunct oil producer that has failed to file financial statements with the SEC since September 2020, is in danger of having its stock delisted next month, and just fired its accounting firm in September,\" Kerrisdale said in its report.\nThe report said that the company's only real asset is a 73% stake in Viking Energy, \"an OTC-traded company with negative book value and a going-concern warning that recently violated the maximum-leverage covenant on one of its loans.\"\n\"Nonetheless, Camber’s stock price has increased by 6x over the past month; last week, astonishingly, an average of $1.9 billion worth of Camber shares changed hands every day,\" the report stated.\nViking Energy Group, owns interests in oil and gas fields in Texas, Louisiana, and Mississippi that collectively contain more than 145 active wells.\nThe report said that \"the most fascinating part of the CEI boondoggle actually has to do with something far more basic: how many shares are there, and why has dilution been spiraling out of control?\"\n\"We believe the market is badly mistaken about Camber’s share count and ignorant of its terrifying capital structure,\" Kerrisdale said.\nCompany response\nJames Doris, Camber's president and CEOs, said in a statement that \"we are not involved in, nor do we comment on, the day-to-day trading of the company's common stock.\"\n\"I can say, however, that our business relationships are legitimate and that we are firmly committed to improving the organization's capitalization and executing on our growth strategy,\" he continued.\nWith respect to the Company's public filings, Doris said \"our objective is for the company to become current on or before the expiry of the Initial Cure Period as established by the New York Stock Exchange, which is on or about November 19, 2021.\"","news_type":1,"symbols_score_info":{"CEI":0.9}},"isVote":1,"tweetType":1,"viewCount":591,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/829105631"}
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