Cardinal Energy Group Inc. (fka CEGX)

[Atlanta1123]

I'm beginning to lean your way. EOI hasn't produced a drop of oil since CEGX last year. Both companies are/were in non compliance with the TRRC. Both holdings outside of the Permian. No new leases and no new permits for both companies since early 2016. Although EOI has 20 permits pending since 2015. And also in a prolific area of Texas. I also keep wondering why EOI has a PO Box and CEGX moved offices 2 hours east from a population of 100000 people to only 4000. Not to mention the CFO resigned. I'm also wondering why a company with a market cap of 100000 needs a board of directors and why on February 7the of this year Meyers gave back their 250 million restricted shares. Obviously they no longer hold majority or the 150 million. I keep wondering their strategy and am looking at all angles but can't seem to see any.