Bakken Energy Corp. (BKEN)

[DragonBear]

Maybe it was. Maybe it wasn't.

If one could ever figure out what volume were wash trades for certain, it would be a powerful trading tool for these scams. In the real markets you don't fight the big kids. In the microcap world you don't fight the insiders.

The last time I contacted the TA was 29-Aug. I asked for the current issued share count, and the increase since 28-Feb. The reply was:

The current outstanding for ORFG is 531,439,999. Approx. share increase of 228,039,999 since 02/28/2014.

We also know from the OTC filing (if to be believed) the issued was 395.4M at the end of the reporting period 31-May-2014. Which means from 29-Feb --> 31-May approx 92M new shares were issued. From 31-May --> 29-Aug another 133M were issued. Unknown how much of the 92M went to Naumu. He got something for putting together the paper Nations Oil Inc. Also unknown is how many issuances were made, and the size of each. For example: All at once? Monthly smaller amounts?

Per a

previous post

The historical pattern for the Chinese Masters suggests a continuous issuance of batches of shares. Timed so that there are shares coming off restriction continuously. My bets are on monthly allocations. Notice how most of the PR pumps occur at the beginning or end of the month. Just in time for the next batch of shares from a year before to come off restriction. Thus, my previous prediction end of Sep for the next fluffy PR. The only question being whether it can generate enough speculation to sucker in new retail buying.