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ack! they burned me too!!
anyone else get beat to death by the NFL this weekend? jeesh....those bloody Texans, those bloody Browns, and those bloody Colts...
try googling "progas, inc"
or just go to http://www.progasinc.com
just remember, the squeaky wheel gets the grease :)
dignified or not, sometimes it needs to be done in order to get the point across.
If whining is what it takes for the company to do what it did at 3:50pm today, I will happily continue :)
frankly I can't wait to see it. and I thought my life would be boring...
see, now that's the kind of information I've been asking for this whole time!!! That didn't hurt, did it?
jeesh
another for the record:
most people who criticized me and others for offering the possiblity of the company diluting now have their foot way down their throat.
100M buyback given almost 2 billion shares that is HARDLY A DENT.
shameful, truly shameful.
For the record:
that reverse split is looking mighty probable at this point...fasten your seat belts.
So, for everyone who has attacked me, how do you all feel about this new info?
I just read it, then saw the post about it.
sigh...
no...it's outdated
cowboy, this is getting off-topic so I will PM you in a bit...
zeptipi, for the record this is moving off topic so I have PM'd you.
and one other thing:
If our criticisms can't be refuted by facts, then they are important and may keep other people from making bad decisions. why should those who manipulated us into taking our money be rewarded by being able to do it to someone else?
I'm surprised someone didn't post something like that sooner.
So now I will post my usual response to this kind of retort to our 'bashing'.
This is the same statement that over-patriotic people say when Americans aren't happy with the government ("If you don't like it, leave America!").
NO.
If you are unhappy with America's government, OR if you are unhappy with PBLS's management, you strive to incur some change. This means 1) communicating that you are not happy, 2) communicating why you are not happy, 3) propose solutions that you believe will make the problem situation better, 4) never relent when your enemies beat you down for exercising your 1st amendment right and 5) treat everyone involved with respect during the process.
I am terribly disappointed with the way things have been handled, and I will not LEAVE just because you are tired of hearing it...if you want discourse with any constructive results, MAKE CONSTRUCTIVE AND INFORMED COMEBACKS TO OUR POSTS.
pnew check your private messages...-Griz
GRMN's on Nasdaq, not pinks, and trades around 60-70/share.
lots of companies issue buybacks...but I guarantee that they're not trying to 'push' the price up. if there is a legit buyback, I doubt anything will happen PPS wise until well after it's done.
indicators still pointing up...
I know, I read that. But without a figure it means nothing. 'well below' is entirely subjective and should not be taken to mean anything good (or bad, for that matter)
that's been suggested before, and is certainly possible. However, with the rumored dilution going on that buyback PR doesn't mean much...
and for what it's worth that 1.68M trade that went through was immediately preceded by 4 trades totalling 1.68M...dunno where the 685K one came from
for what it's worth my indicators point up as well...
cowboy, I guess signals do lie sometimes, don't they?
Let me be the first to say:
before the filing (if there is one), we will likely see a R/S to "get the price to a better level before filing"
if it happens...remember you heard it here first.
every company should strive to conduct their affairs in a professional manner. PBLS is taking the steps to becoming a reporting company;
so why not start by giving full disclosure? make us *believe* you really want to be a fully-reporting company
PBLS usually requires a 5 year period before it can be sold
supporting PR, or company 'phone call'?
I'm insulted that you think I'm lamenting and wailing. If you think I'm wrong, bring me to task. All I'm asking is that the company act more professional. I dare you to find something wrong with that.
I agree, peorge, but there's a problem for me. With the PRs there was buying pressure, which is common. During that buying pressure the PPS went either sideways or down. That is NOT common. The management's explanation was "oh, we're being shorted.' Yeah? Ungag the TA and PROVE it.
Don't be surprised to find the O/S substantially higher than you thought when the numbers come out. Sure, PBLS may buyback 100M shares, but they probably sold way more than that prior to the buyback.
I may be wrong, but the point is we can't know because we have no access to anything transparent. And *that* is why I'm 'losing the faith'. I can't be a real investor with this stock, and it's very frustrating.
One further point, monkey:
PR sites issue corrections ALL THE TIME. This probably could've been fixed with a phone call.
Besides, let's assume that the 15K/bbl/day well existed on the other property. It is still a DANGLING CARROT. It does not say that *PBLS* has this well, and is not indicative of anything other than "We speculate we will get the same results".
As I said a while back, the speculative fuel on this stock ran out a while back...it's real numbers or bust.
I have submitted my concerns and have received no response. I have received responses to other e-mails (about other stuff) and received responses almost immediately. I take that as a sign that real questions are being ignored.
Frankly, I'm so miffed right now that I probably wouldn't be able to contain my anger over the phone. Yes, I have made phone calls as well, and received the same responses as everyone else...waste of my time.
I have not read ahead to future posts, and I'm going to dissect this anyway:
1) about their investment: sorry, but as sincere as they might be, that is malarky. they want to get rich, just like the rest of us. if they know they can't do it by their revenues, they'll make everyone believe in the stock well enough to buy it, until they've sold their shares, made the profit, and can gracefully duck out. EVERY company's management says the same thing...doesn't stop them from issuing R/Ss and letting the PPS drop nearly to 0.
2) That is a dangling carrot: if they have the funds on hand, then why not tell the world what those funds are (you know, fully-reporting, etc?). If you were diluting (which they MUST be if the TA is gagged), wouldn't those 'funds' cause a surge in the PPS that they could dilute into?
3) How do you know they were attorneys? What books? Maybe they're getting sued, you have no idea...
4) It *is* a nice building...although I still believe they should have acquired an office building instead.
5) no info there...sounds like pumping to me, sorry dude
6) You believe this because?
7) Again, you know this because? Are the wells producing at high levels? Do they have construction contracts? What?
8) That info has been confirmed, but the resulting numbers have not.
People, what is boils down to is this. Companies who want to fully report and make their investors believe a long term plan is in action are transparent *way* before they are required to be. The reason why many dangle carrots is because they can't trick investors into buying into their dilution if the numbers don't show their PPS to be any higher than it is.
Why can't anyone see this?
new ways to promote? Sorry Mastercraft, I have alot of respect for you, but that sounds ridiculous to me. To start with, why don't they release financials and ungag the TA, so that they can prove to the world they actually have real revenues and are not diluting the hell out of this stock? Gagging the TA is the oldest trick in the book if you want to scam investors, because it allows you to say whatever you want and nobody can prove you are lying. How does that build shareholder confidence?
2nd, if the paperwork for the leases is still in processing, why did they PR the lease acquisition? the BLM says that any party can protest or dispute the lease all the way up to the actual filing with the BLM. So far, no filing exists with them regarding either lease. So, technically speaking, it ain't official. Oh, and by the way, in your calls to management, has anyone given you a township the lease resides in (that's required!), or a lease number? These are Federal lands, and thus every detail of the acquisition is publicly accessible through the BLM, that is, FULL DISCLOSURE. All you need is a lessee name or a lease number. I tried *really* hard to find either one, and came up completely empty. If the BLM can't find them after extensive research, and PBLS doesn't know, then why should I believe the acquisitions actually exist?
So, why doesn't management quit making these dangling carrot PRs that have no researchable base? That does NOT build shareholder confidence. Maybe the lease acquisitions exist, and I'm full of crap. But as someone who is being asked to invest in a company, I think I have a right to full disclosure.
If PBLS wants to be a fully-reporting company, perhaps they should start practicing that mentality RIGHT NOW.
so could I...I also own shares in IGTN...is PBLS heading in the same direction? will we see a R/S PR?
and if the company has such great things going (per everyone's 'phone calls') wouldn't it be worth including that information on the PRs?
sad....
all depends on when you bought in I guess
last time I called the TA they would not say anything but to defer you to the company. There are no official numbers anytime recently.
It should be clear as a whistle why I am out: bad PRs, gagged TA, an constant decreasing PPS, no financials, dangling carrots, management who doesn't even know where their leases are...they could have said "Long Valley Prospect" in their PR, but they didn't...
investment in a stock with so much going against is done on faith. Faith will kill you faster than a bullet.
nothing strange about it....we've had a 'floor' for the past month and a half. the MMs have gradually inched this thing down and will continue to do so...plenty of pinks have unsubstantial PRs but their PPS still moves, this one does not, and I believe the company is behind it. Why else would they gag the TA?
It doesn't matter. IMO the company is behind this, and it starts with the gagged TA.
lies and deceit. We've been scammed. We should have seen this coming: gagged TA, paid pumpers, pumpers trying to get buyers before they lose their profits, bad PRs, no audits, dangling carrots, and the list goes on...
Phoenix should be ashamed of themselves. I'm out.
NE14ATRADE....where are you now? Are we through believing his BS yet?