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I took my multi thousand dollar loss and got the heck out of this apparent (IMO) scam or at the very least, another failed venture.
We forgot to throw the word smack in there somewhere... Or boom.
Lmao....now that was good.
FTTN is poised to explode!!!
Nice...how's this?
****PPS will explode with an announcement of a merger or drilling being implemented!!! Buying ~SIOR~ now will put you in the position of possible early retirement!!****
Don't be left behind in skeptic land....
.....I think you might be more accurate utilizing the word "If"
Has the PR happened?
****NEWS****
....would be nice.
BOOM!!!!!!
S
Somehow the word "Awesome" doesn't quite explain my reaction to your post VoR. Thank you for showing some light on this.
This was posted 7 hours ago....
FTTN Extends Oil & Gas Exploration Efforts to Oklahoma
First Titan Corp. (OTCBB:FTTN) signed an option agreement with Green Oil Operating, LLC, today to explore the infield development of oil and gas resources in Oklahoma.
Green Oil owns the rights to drill and re-enter a prospect known as Gates 1-14 in Hughes County, Okla. The Gates prospect is located in the Warren oil and gas field, where production has been proven in several different formations and has shown significant returns. Gates 1-14 is planned as a direct offset to a key well, Warren 1-14, that produced over 400,000 mcf of natural gas before down-hole mechanical problems and water ingress impeded the flow.
A petroleum geologist’s report on the prospect estimated that Gates 1-14 could contain 200,000 barrels of oil or gas equivalent recoverable in place. FTTN expects that the low-risk project could yield substantial returns.
The option agreement gives both companies 30 days to conduct due diligence toward a possible definitive agreement.
If FTTN acquires a working interest in the well, it would be the third such drilling project with which the company is moving forward in 2012. The emerging energy company has already acquired drilling assets in Texas and Louisiana.
For more information on FTTN’s unconventional resources initiative, please visit www.firsttitanenergy.com/investors.
First Titan is working to develop new energy solutions to compete in a booming global industry alongside Linn Energy, LLC (NASDAQ: LINE), Cimarex Energy Co. (NYSE: XEC), SandRidge Energy Inc. (NYSE: SD) and Noble Energy, Inc. (NYSE: NBL).
I know this probably isn't looked upon as "acceptable" but take a look at SIOR. Do your own DD but it might be another avenue if you are investing in pennies.
I got in at 2.50/ps. as I was called to the stock by some other "pay for pumping" site. It's my fault, 100% I know. On the other hand, there are a few other boards out there that say this is a one man operation and that the owner has done this before. I'm not sure where they have gathered their info but it is something to consider.
I want nothing more than for this company to succeed as I'm deep in a hole at the moment with this stock.
These factors raise a substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the possible inability of the Company to continue as a going concern.
-10-Q filing
I've done some DD but the sec filings don't look too great. Unfortunately, I bought in without analysis. Now I'm sort of riding along in hopes that I might get my initial investment back.
Thanks Dee. Yes, although my initial entry was (back in January) 100k at .020...so, position improved nonetheless.
Hello all. I've been watching this board for a long while and must be honest....
I really appreciate all of the insight and DD that you guys have posted. I probably hold a small position compared to most of you but I'm adding as much as I can grab.....I believe that was my 100k at 10:42 today.
Anyway, I am 31 and am actively preparing for my retirement so, rest assured, I'm in this for the long haul.