paythepipernow

Promising Times for Green Hunter Energy

if you bother to read the company's sec filings, GRH is essentially out of cash and is having difficulties raising additional capital and may have to sell assets. The diesel distributor, L & L, that they are considering purchasing is a "dog" with antiquated facilities. L &L has been for sale for awhile after its parent company was taken over by the banking group. GRH is vastly overpaying assuming they can even raise the money in today's credit markets.