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The answers and questions may not be a total package for PR yet it will answer some of these doubting thomasas here on this site, there needs to be more details on the smaller things then this avoids bigger ones down the road
Amazing, two trading days ago we were all crying we could not muster up a bid at .002 now the offer is going out at .,0043
Doesn't matter, somebody always pays the high even it is Apple shares, the point would be the person would have been able to bring his position or price down to a reasonable level and get his money back or make a profit.
I believe it was 2005 when it touch .02 that was just after the roll back when the stock was .04 cents they rolled it back opened it up at .004 and then it went to .02
This is strange, I came in around march 27th when the stock was in the .005's watched it go to .0073 and all the way down to .0018 but today I feel good about the stock even though I am not at even
If we get 100's of more of the $125.00 trades we will be into the .005's
I do know on thing for certain, these leases were brought in through an outside source who put the whole package together and it was not Clayton, and then the package was presented to Drake and Drake decided to go on this when james was the president and turning the company over to the new management.
This whole market looks like moving paper around and around to certain houses who may need a position to cover, as i said this house CSTI and they way the house is bid for two minutes at .0019 then goes down to .0018 then back up to .0019 and so forth, investors do not do this, only MM's or people around a deal who are part of helping move paper.
First CSTI puts up a bid to buy 2 million at .0019 the 1million at .002 then pulls back an the bids 1 million at .0019 then pulls back and bids 2million at .0018 is this guy OK no one does this do they, its insane, a real order would be at a price and that is is, right
DKGR Pink Sheets Level 2 14:12:23
Bid Ask
Time MMid Size Price Price Size MMid Time
05/03 13:47:52 VFIN 730000 0.0018 0.0022 1000000 ETMM 05/03 13:56:28
05/03 14:07:21 CSTI 200000 0.0018 0.0022 55000 CSTI 05/03 14:07:21
05/03 09:30:07 AUTO 1000000 0.0017 0.0024 46000 NITE 05/03 14:07:49
05/03 11:59:11 UBSS 199000 0.0011 0.0027 18000 AUTO 05/03 09:30:07
05/03 14:07:49 NITE 5000 0.0011 0.0039 100000 UBSS 05/03 11:59:11
05/03 13:56:28 ETMM 250000 0.0005 0.005 5000 MAXM 03/07 16:24:25
03/07 16:24:25 MAXM 5000 0.0001 4,000.00 1 VFIN 05/03 13:47:52
05/03 13:17:50 CANT 5000 0.0001 U CANT 05/03 13:17:50
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Believe news is coming
To me, it doesn't matter how many pictures of one well they take and from many angles, the fact is it is a well, and now management understands they need to clarify a few pictures, clarify documents to show the leases and they belong to Drake is coming, and this is just part of business and not trying to keep people from talking badly about the company, transparency is only logical
Thanks, I do not want to preach, all I am trying to point out is: !. Do they own the leases: Yes or No 2. If Yes, will a reworking of a well establish a flow of oil: Yes or No, If yes how many barrels per day and so forth, these are the questions of today not whether clayton Smith ties his shoelaces to the right or left.
I am not a non-believer, I trust everything has been done properly, they have the leases, they will pull the re-workings into production, they will add new assets to the company and all is real, that is my line of thinking and having a bunch of people here you cannot forget the past has no bearing on my insight of what is happening NOW not six years ago, NOW
I am going to see if i can find a company to approach them on the rights to drill the shale zones underneath where the big pockets of oil and gas is
I am helping the cause. I just went bid at .0023 to see if I can get others to join me
The way you guys CSI everything, will you be having lunch at the site or will you be taking sandwiches with you in a pinic basket when you go to the site
If you are right and they do not intend to do any rework why would they be in contact with www.firstchoiceproductsinc.com on the "TOOL" to test any tubing in the wells, this "TOOL" can be used to test each well to see if the tubing inside or the casing has been perforated under pressure and save the company thousands of dollars per well on service or servicing.
I talked to Peter, long conv..... I know him for many years, he completely believes this is real, the well program is real, and mangagement is there now and do not care about all the wow's about the past and the bashers on Clayton, not there problem, just going to make the deal right, create a producing field and income is the goal here
This is one big shake, question is are all the buyers here just going to flip this paper right back again in the .003's
Not sure what you meant, they won't take the Cert, what cert?
Iknow three Canadaian Brokerage houses right now if you have equity in the account you can buy up to 1/3 the value of the account value and you have ten business days to either pay for it or sell it.
There could be a bunch of Canadian Brokers involved here in this deal, in Canada they let you buy a stock without the total funds in the account, then in ten days they either want the money or they want the stock sold and they call this month end cleaning, this could be where these shares are coming from in the last few days.
What is the Brokerage house with the call letters "CSTI" is this brokerage house a discount house or what, It seems to me they maneuver the price everyday on a down tick to keep the price looking like it is falling.
Since March 27th I have talked to at 30 people whom have bought together around $70,000 worth of stock in this deal, in fact I here from them everyday now, soon they will all be moving into my house soon if this stays down here forever
I guess, but still I have been watching for some time here, and these continuous trades of $30- $100 trades and they hit the bids to me like there in a panic to sell, is a $100 or $30 such a trade that someone needs to protect a loss from happening, if a $100 is a major concern to someone then they should not be in the market at all, IMO
Does a broker allow you to put in an order for $31.00 to buy of stock, what is the commission on this, most likely more then the trade itself
I believe what has to be said here is that the new president put this oil package together, made sure all the lease holders were satisfied the work and new production could take place, as if any truth about the past, we know the past did not put the lease agreement together, therefore the owners felt that this new president is well established to complete the entire work over and get the wells producing.
Did anyone check and see with the financials reported to OTC Website if they ever showed this amount of money going into the bank account in the past.
Yes, like most stocks like this, which have a swing upwards, then a pressure pushing the price down and then when the stocks hits its bottom again we have a bounce back about anticipating news
It looks like everyone is waiting for the sign to move back in, IR says there is a bounce back coming and not to worry
That is exactly what we need, a small group of investors to have a complete due diligence, view the wells and then give the real insight to the oil well package, its too bad the company hasn't doe this by way of video, power point view.
To me it looks like a starting point again, ready to move again with some volume, news, and an influx of a few new investors
Questions: If Clayton told me to buy the stock at .0004 and the stock price went to .015 would I care if the gold deal went ahead or not, probably not.
Question: If I was told to buy the stock at .0004 and did not and then bought at .015 then is Clayton a liar?
My point is everyone comes into these deals at different levels and the level you come in at decides how you feel about the deal and management.
Question: When management cannot complete the original deal due to unseen circumstances from the vendor does this make management liars?
I heard over the last six years the SEC looked into the company, Clayton Smith, the stock structure, the stock issuance and found nothing wrong, therefore only criticism here is the price went down and the price needs to come back up to the prices where everyone to see profit, oh by the way if the stock where to fly and you sold to someone else to hold the bag are you going to worry.
I understand they will put up a question and answer page on the web site and get all the answers up there everyone has crawling in thier back of their heads so there will be no more suspicion about the play they are in
Don't forget we have underneath the entire field the Shale play:
Maximum thickness of the Marcellus ranges from 270 m (890 ft) in New Jersey,[1] to 12 m (40 ft) in Canada.[25] In West Virginia, the Marcellus Formation is as much as 60 m (200 ft) thick.[67] In extreme eastern Pennsylvania, it is 240 m (790 ft) thick,[39] thinning to the west, becoming only 15 m (49 ft) thick along the Ohio River, and only a few feet in Licking County, Ohio.[4] The thinning, or stratigraphic convergence, from east to west is caused by decreasing grain size in the clastic deposits, which entered the basin from the east.[82] The beds finally "pinch out" westward because deposition was limited by the Cincinnati Arch,[44][91] the bulge that formed the west shore of the basin. Where the formation is relatively thick, it is divided into several members, and as the formation continues to thicken to the east, these members are further divided. Some workers chose to classify the Marcellus as a subgroup, and classify some of the members as separate formations.
This is hashing and re-hashing the old, my wife does that, forget the past, the future is here, either the package is or is not what they wrote, find out from the president from himself, ask him for a copy of the entire agreement between the parties to see if the deal is correct, if not stop worrying about yesterday
There a a ACT that was wriiten, called the Securities Act and any public company, ANY company given the status of the so called PUBLIC Company is required to follow the rules, ask the FBI they arrest people behind pinks just as they arrest people behind NY company's for breaking the rules in the SEC, this is what I meant
If I revamp a well and pay $8,000 to start to produce 2 barrels of oil per day I get bacl $200 per day divide this into the $8,000 is 40 days of production to get my money back
Fiduciary disclosure responsibility is for any public company and Pinks, grey Sheet are public company's therefore there lies a responsibility, if they do not follow the rules that is another matter, the laws are there, just like any other law that exists in any society