OKMIN RESOURCES, INC.

Micro-cap oil-and-gas shell with negligible cash, no proven reserves, and acute financing dependence.

Strengths

• Increased Pushmataha JV interest to 95%
• Low entry-cost rework/recompletion strategy

Risks

• Cash of only $11.5k, current ratio 0.015 (5th pct), and net/operating margins around -2,700% (5th pct)
• No proven reserves, declining revenue (12th pct), and explicit need for additional financing to operate

Notable findings

• Net lossNet loss (net margin -2692.4%)
• Weak liquidityCurrent ratio 0.02 (<1)
• Chronic dilutionShare count +35%/yr over 3y (dilution, book value/share -141%)