Bakken Energy Corp. (BKEN)

[DragonBear]

Nothing is coming off restriction till 2015-wrong again

I previously laid out a continuous flow of stock coming off restriction

Massive dilution and dumping continues

31-May-2012 O/S shares 143.9M

31-May-2013 O/S shares 245.4M, or +101.5M

28-Feb-2014 O/S shares 303M, or +58M

Between 31-May-2013, and now they had 101.5M additional shares to dump. How many of the 58M increase in 28-Feb-2014 were awarded before 2014? Any awarded before Sep 2013 in that batch, would be coming off restriction right now.

We do know the Chinese Masters kept the flow going in 2014, and between Feb, and May or a time interval of 3 months more shares were handed out.

31-May-2014 O/S shares 395.4 or +92M

29-Aug-2014 O/S shares 531.4M or +136M

And again more in the May-Aug period. Another 3 month interval. Do you really want to believe the CMs handed out the additional 58M shares all at once in Feb 2014, instead of gradually in the months leading up to Feb 2014??? How about another data pt?

31-Aug-2013 O/S shares 261.4M or +16M from 31-May-2013.

Seems they didn't issue the shares all at once in 2014 after all.

They have plenty of shares to dump in Sep. Whatever is left of the original 143.9M, the added 101.5M, and another 16M.

So much for nothing coming off restriction till 2015.