As noted in the press release issued by Camber on
The Q2 Report notes a further reduction in outstanding shares of Series C Preferred Stock (i.e. 30 shares of such stock are outstanding as of today), and a net loss of
'We are firmly committed to improving the company in all areas. Among other things, and as previously disclosed, we satisfactorily addressed legacy accounting issues related to prior management regimes, we have demonstrated we are disconnecting from prior financing structures and, with the Viking merger, we have established an active platform under the Camber umbrella that hasn't existed in many years. This is an entirely transformed organization.', commented
Additional Details: Additional details regarding the Q2 Report, and all descriptions above are qualified in their entirety by reference to, Camber's Quarterly Report on Form 10-Q filed on
About Camber
Forward-Looking Statements
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are 'forward-looking statements', which statements may be identified by words such as 'expects,' 'plans,' 'projects,' 'will,' 'may,' 'anticipates,' 'believes,' 'should,' 'intends,' 'estimates,' and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the oil and gas industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in Camber's filings with the
Camber cautions that the foregoing list of important factors is not complete, any forward-looking statement speaks only as of the date on which such statement is made, and Camber does not undertake to update any forward-looking statements that it may make, whether as a result of new information, future events or otherwise, except as required by applicable law. All subsequent written and oral forward-looking statements attributable to Camber or any person acting its behalf are expressly qualified in their entirety by the cautionary statements referenced above.
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