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PR 11/5/07
Coastal Caribbean Oils & Minerals, Ltd.
FOR IMMEDIATE RELEASE
FIRST LODGEPOLE test WELL SPUDDED ON
COASTAL PETROLEUM COMPANY’S VALLEY COUNTY, MONTANA LEASES
APALACHICOLA, FL, November 5, 2007. Phillip Ware, President and Chief Executive Officer of Coastal Caribbean Oils & Minerals, Ltd. (OTC Bulletin Board: COCBF.OB) (“Coastal Caribbean” or the “Company”), announced today that the first Lodgepole exploratory oil well was spudded Saturday on the Valley County, Montana Leases (“Leases”) held by the Company’s wholly owned subsidiary, Coastal Petroleum Company (“Coastal”).
This is the first well to be drilled under the September 25, 2007, agreement with F-Cross Resources, LLC (“F-Cross”) under which F-Cross paid Coastal $50,000 for the option to drill a Lodgepole test well within six months with an option to acquire an interest in the surrounding acreage. Ware said, “To begin exploring the Leases with F-Cross now really adds momentum for the Company and we believe that this well has the potential to be just the first Lodgepole prospect we can exploit for the benefit of both companies.” The well is considered a “tight hole” and drilling results will remain confidential until the well is completed and tested.
F-Cross will operate the well, will pay the cost of drilling the well and will hold a 100% working interest in the well until payout and an 80% working interest after payout with Coastal receiving the other 20% working interest. Upon completion of the test well, F-Cross will have the option to acquire a 50% working interest in the approximately 64,000 acres of the westernmost part of Coastal’s Leases, for $25 per acre. The option could be extended an additional six months if F-Cross drills a second Lodgepole test well on the Leases.
Now in its 55th year, Coastal Caribbean Oils & Minerals, Ltd., is engaged in the exploration for and development of oil and gas reserves through its wholly owned subsidiary, Coastal Petroleum. Coastal Petroleum’s principal assets are its cash and its non-producing oil and gas leases within the Williston Basin, covering approximately 9,000 net acres in North Dakota and approximately 137,000 net acres in Montana.
Certain statements included in this press release, which are not historical in nature, are intended to be forward-looking statements. Coastal Caribbean cautions readers that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
Contact: Robert J. Angerer, Jr. at (850) 576-5982
We're probably not this lucky,
UNITED STATES DISTRICT COURT
SOUTHEN DISTRICT OF FLORIDA
Case No. 05-21116-Civ-Seitz
COURT-ORDERED LEGAL NOTICE
IF YOU BOUGHT BIO-HEAL LABORATORIES, INC. SECURITIES (BHLL.PK) BETWEEN FEBRUARY 15, 2005 AND APRIL 7, 2005 YOU MAY BE ENTITLED TO RECEIVE A PAYMENT FROM FUNDS RECOVERED
On December 11, 2006, the Court approved a Distribution Plan to distribute disgorgement amounts received from Bio-Heal Laboratories, Inc. (“Bio-Heal”), Bela Enterprises, LLC (“Bela”), and Gibson Island Enterprises, LLC (“Gibson”) to proper claimants. If you bought Bio-Heal securities between February 15, 2005 and April 7, 2005, you may be eligible to receive benefits from the Bio-Heal Fund. If you qualify, you may send in a Proof of Claim Form to obtain benefits.
How was the Bio-Heal Fund created?
The Bio-Heal Fund was created as a result of the Securities and Exchange Commission’s successful enforcement action against Bio-Heal, and certain relief defendants including Bela and Gibson. The Commission’s action asserted that Bio-Heal improperly issued 12 million shares of its stock to relief defendants. The Complaint further alleged that relief defendants Bela and Gibson generated ill gotten gains by dumping Bio-Heal shares while the stock was being touted to investors over the internet. The Commission sought to and did recover proceeds of the illegally issued shares. The amounts recovered including interest have been deposited into the Bio-Heal Fund and the Fund proceeds will be distributed to Eligible Claimants pursuant to the Distribution Plan.
Who is eligible for a recovery from the Bio-Heal Fund?
The Potentially Eligible Claimants include all persons or entities that purchased shares of Bio-Heal (BHLL.PK) during the period from February 15, 2005 through April 7, 2005 (inclusive) and held the shares after the close of business April 7, 2005. You are not entitled to a recovery from the Fund with respect to any Bio-Heal shares that you acquired prior to February 15, 2005. In addition, to be eligible, you must have incurred an aggregate net loss from your combined purchases or sales of all Bio-Heal shares purchased from February 15, 2005 through April 7, 2005.
How Do You Submit a Claim?
The Proof of Claim form package contains all of the information you need. You will find copies of the Proof of Claim form package and additional information about the Bio-Heal Fund on this website. You may also obtain information regarding the claim process from the Bio-Heal Fund’s hotline at 800-648-0755 or you may submit questions by mail to Bio-Heal Fund c/o Global Risk Solutions, Inc. P.O. Box 310130 Miami, FL 33231-0130 or to the Distribution Agent, Melanie Damian, Damian & Valori LLP, 1000 Brickell Avenue, Suite 1020, Miami, FL 33131
Visiting the fund Web site at http://www.biohealfund.com
20 Bad Puns
1. Two antennas met on a roof, fell in love and got married. The ceremony wasn't much, but the reception was excellent.
2. A jumper cable walks into a bar. The bartender says, "I'll serve you, but don't start anything."
3. Two peanuts walk into a bar, and one was a salted.
4. A dyslexic man walks into a bra.
5. A man walks into a bar with a slab of asphalt under his arm and says: "A beer please, and one for the road."
6. Two cannibals are eating a clown. One says to the other: "Does this taste funny to you?"
7. "Doc, I can't stop singing 'The Green, Green Grass of Home!'"
"That sounds like Tom Jones Syndrome."
"Is it common?"
Well, "It's Not Unusual."
8. Two cows are standing next to each other in a field. Daisy says to Dolly, "I was artificially inseminated this morning." "I don't believe you," says Dolly. "It's true, no bull!" exclaims Daisy ..
9. An invisible man marries an invisible woman. The kids were nothing to look at either.
10. Deja Moo: The feeling that you've heard this bull before.
11. I went to buy some camouflage trousers the other day, but I couldn't find any.
12. A man woke up in a hospital after a serious accident. He shouted, "Doctor, doctor, I can't feel my legs!" The doctor replied, "I know you can't - I've cut off your arms!"
13. I went to a seafood disco last week...and pulled a mussel.
14. What do you call a fish with no eyes? A fish.
15. Two fish swim into a concrete wall. The one turns to the other and says "Dam!"
16. Two Eskimos sitting in a kayak were chilly, so they lit a fire in the craft. Unsurprisingly it sank, proving once again that you can't have your kayak and heat it too.
17. A group of chess enthusiasts checked into a hotel and were standing in the lobby discussing their recent tournament victories. After about an hour, the manager came out of the office and asked them to disperse. "But why?" they asked, as they moved off. "Because", he said, "I can't stand chess-nuts boasting in an open foyer."
18. A woman has twins and gives them up for adoption. One of them goes to a family in western Egypt and is named "Ahmal." The other goes to a family in western Spain; they name him "Juan." Years later, Juan sends a picture of himself to his birth mother. Upon receiving the picture, she tells her husband that she wishes she also had a picture of Ahmal. Her husband responds, "They're twins! If you've seen Juan, you've seen Ahmal!"
19. So a neutron goes into a bar and says "How much for a beer?" The bartender looks him over and says, "For you, no charge."
20. A mushroom walks into bar and orders a drink. The bartender says, "We don't serve mushrooms here."
"But why," asks the 'shroom.
"Because," says the barkeep, "mushrooms are boring; they aren't interesting."
"Aw c'mon," says the mushroom, "I'm really a fun guy."
Bonus Pun: A man walks into a diner and orders eggs benedict. 10 minutes later the waitress delivers the order served on a shiny hubcap. The man asks what the big deal is, and the waitress replies "Oh, there's no plate like chrome for the hollandaise!"
dioblo, put up as you promised you would.
The reality is that you cannot and are left to only take cheap shots and run away again. We are holding you accountable to your accusations. Put up or take your false rubbish elsewhere.
Should you wish to gain traction or a hearing by the many here: You would do well to admit the error, own up to it and learn. You would do well to discuss and quit the cheap shots. the choice is yours.
To all posters: History of posting shows that dioblo ONLY comes here to spread misinformation or to take cheap shots.
Know this: It is either to poop and scoop (deny as he may, but those who do always deny it) or to do nothing but to create havoc.
Neither is welcome. I encourage all to ignore this type of poster. I encourage all to not ignore those who rightly address issues thru valid discussion, research, presentation of argument and facts. (Cheap shots and pot shots, this is not.)
"Know thy poster."
zag, I have repeatedly told you that discussion of deleted posts in not allowed by I-hub rules, not mine. Last warning.
I should delete your post but I am letting it stand. (I will no longer, by I-HUB RULES in the future. Got it?)
Should the board, for the hundreth time wish to discuss the preferred share structure, please go ahead. IMO, that discussion is beating a dead horse. But knock yourself out.
No, I'm not going to post about the preferred shares in the info box. It is here on the posting history over and over for all to see. What is not here is the scores of millions of shares that Tom has given away - unknown to the many on this board. So, while the "structure" is in place, his current percentage (approxmiately 20%-25%) is not at the moment as he continues to try to make EDEX move forward. In fairness, this info would also have to be constantly reported and I'm not going to bother Tom daily regarding it as he has better things to do with his time (IMO). Please read this paragraph several times so you understand.
As far as ignoring it, be serious. You have obviously forgotton the scores and scores of posts regarding the issue. I, myself, have even mentioned in 2x in the recent past. So drop your preconceived notion of it being ignored. To most on the board it is understood, known and digested and factored into our investment. We don't post about it since we are settled towards the issue.
Bottom line: WE ALL KNOW THE ISSUE. If you don't like it, SELL and move on since you are convinced EDEX will never fly with it in place. Its that simple. The horse won't whinny if you flog it again. But I'm not going to be able to prove that to you.
No 6k, it seems that past history shows that if you post a timeline and it does not pan out, than you are labled a liar, a scam artist, etc... and all you end up doing is arguing about what is in fact, a fluid situation.
I'm not going to involve myself in that. So until I am comfortable with the timeline I will keep the info to myself.
I hope this helps.
Whether posters who use to post (hit and run) without accountibility, aka: poop and scoop, visit here as much, is up to them. I have found though that they less frequent and less post where they are held accountable.
I have no power to ban anybody. The I-hub admins do though.
They take seriously, as I posted and warned over and over, those who come to any board and just bash and bash relentlessly. It was their decision to ban 2 posters who helped create most of the past chaos on the board without adding to the discussion.
Please lets not make this an OT issue. I will leave it at this.
The bigger issue is that there is nothing to really note or talk about at this point while we wait for the ND Wanner well to be complete.
Until then, we mostly just wait, so I am not surprised at the lack of discussion here on the board. Jag was right that we could just shut the board down until we have real news.
For me, I have spent time on the phones with most of the players finding out what is happening presently, what needs to happen next and what proposed timelines are. I am not comfortable sharing any information I have found until the information and timelines are more "sure."
I cannot encourage enough, for all posters to this board to do the same! Folks, do DD, make calls, do homework, and when you find stuff, post it.
Personally, I prefer peace on the board vs. chewing on each other and making enemies daily while we wait for real news.
Harsh nailed it.
Yes, the company has sold shares, Tom has not.
Tom has registered, but never sold any of his shares.
King, here is Etrades chart: (again, planned sales only; NO sales actually made)
d, thanks for the wicked insight. I have a question for you. Which of the following are the reasons you post on this board:
Anger - all kinds of issues here;
Revenge - you lost $ here and want some vindication?
Savior Complex - you are posting to save humanity out of the goodness of your heart?
In addition, you called it a scam.
Was it that EDEX has thousands and thousands of acres leased;
Was it that EDEX has two promising drills about to be completed;
Was it that EDEX partners with reputable firms in drilling;
Is it that EDEX files all permits and works with State engineers and geologists to do what they need to do to get permits;
On and on I could go, but which of these prove it a scam. Or is it that the sp is just low at the moment?
Me thinks its just you reacting to the sp, yes?
Careful about the scam part. You are exposing yourself.
Jag, actually you can legally short these stocks in Canada. You need a hefty depo down, but you can short them. I'm not going to argue this fact or debate it for those that are unfamiliar with this trick, so don't expect a response from me other than this one. Do your research and you will be surprised. It is a OT discussion.
So, for all those that are sure that EDEX is going in the toilet, I just showed you how to profit by your knowledge, wisdom and insight.
Funny, all the loud proclaimers will NOT do what I just suggested. That speaks volumes towards what they might really believe.
I don't know for certain, but I would not be surprised to find that he is a buyer. (I also suspect that he will respond to this with a EDEX stock insult.)
Just a hunch.
Many come here to bash and accuse insiders of this and that. Its been happening for a long time. Of course, the issue they raise is and has been settled, but they continue to pretend its either new, important or they just flat out lie about it anyway.
The only reason IMO to do it, that does not include mental illness issues, is to try to shake some shares loose, because they are a buyer. It is sadly a common problem on pinksheet bullitin boards. Later, you will begin to see them pump the stock to sell. It is indeed a lower form of humanity, and a sad one at that. They forget that a man reaps what he sows.
They also forget that it is illegal and a form of stock manipulation. Now, I am not saying that anyone is doing that here, but it is much, much more common than admitted. If you spend time on the boards and researcd posters history, you will begin to see the patterns.
Manti, I agree. Thanks for saying what I would have said. Only, you said it better.
Dioblo, "whatever" ????
Check the above link. Click on insider tab. You will fine NONE!
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=edex
for comparison, try this link. I could use hundreds:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=agen
click on insider trading, you will see what they look like.
Here is the deal, the insider trading is a SEC issue, not a pinksheet issue. Its not a EDEX issue, but an insider issue. Insiders have to file when the plan a sell whether it occurs or not. They have to file if sold and how much. There have been no insider sales completed.
All insider transactions post when cleared. The sale will appear on EDGAR, on the SEC site.
There are none, because there are no insider trades as Tom has been saying for a long time. EDGAR would prove him wrong if there were.
Sorry, your current understanding is incorrect.
You are welcome. I saw the numbers were old and I pursued with ease the updating on the share structure and made the changes.
Glad you noticed.
Zag, your reference, basically calling Tom a pig is and was inappropriate, therefore the post was deleted.
If you will read other posts, even by me, the preferred share structure is mentioned. No one is covering it up, including me.
Please in the future, do some reading before accusing/questioning a coverup.
hw, you are not the mod of the board.
Matt has already been informed of the issue and the posts, as well as a couple of posters.
Until he speaks, let it rest. He will give a decision, not you, me or the rest of the board.
If you are so right, and you could be, then you will have vindication and all will be right in your world.
If not, maybe we can say goodbye?
eek, a mouse.
HW, it only takes one small phrase in a post to qualify for deletion.
You had your chance to mod.
Yes, your post was nothing but an attack post. It is appropriately deleted.
Keep it up.
This board is about EDEX.
I originally started buying at .05 to .10.
Sold in the .40's on its way down. Rebought and am holding in the 20's.
A great long term buy and hold IMO.
I've been here for a long time, just no real reason to post.
Another board consumes my limited time.
Lowman and Badge do a great job over here.
IMO, this stock will prove itself over time to be an outstanding purchase.
Nice move today Hemi!
Maybe as the ground drys up, the price will rise up.
I see that Wildcatter just posted.
I appreciate his post. Read both his and mine and one can learn more info.
Here is what I expect to see as a response:
Pussy cat, pussy cat where have you been................
Thanks Tom for the update and for the plan laid out for the shareholders. If it comes to fruition, life will be good. But, I do not expect this overnight, as most investors agree and have the patience for this type of investment.
I further appreciate the pat on the back as a few have vehemently expressed an opposite opinion.
Now that I have a moment to respond,
Dirt, your post is sooooooo misleading.
Here are the facts: (all by memory, so you will have to give me some leeway here.)
1. United promised Tom the drill at the end of May, beginning of June. That is if I remember the months correctly. United is a reputable company and there was no reason to not expect performance. This is several weeks BEFORE the drill is scheduled to start.
2. Tom puts out the pr. An appropriate thing to do.
3. No permit secured yet, at it only takes 3 days max to procure. Permit will be pulled just before the drill. (So no, if you called, would a drill permit have been pulled yet. Your information that no permit was pulled was "correct" but lacking in understanding and as a result, your assumptions toward the negative is fed. Had you tried to find WHY? ....... rather than jumping to your negative conclusions......)
4. Weeks later, Driller unexpectedly is required to drill an additional 3 drills with the rig promised to EDEX, by the present company which had hired them. So if you were to call, you would have correctly been told that the drill promised was on site! Tony, Calvin, Tom, United, all would have said this! But, the site would not have been MESA. No surprise to them or to many others, but to you, it was yet another opportunity for you to jump to negative conclusions.
5. They tell Tom they have another drill machine available but it has to go to the shop for major overhaul after it is finished with its current drills and is free. If you would have inquired concerning these facts, you should have been told. I knew this, many others knew this, I'm sorry that it is such a shock to your system. The info was there for the taking.
6. Finally, the back up drill is delivered as promised . . .after it is done with current drilling and weeks of major overhaul.
7. I visit the drill site to further confirm from all parties, and to spend time with Clayton, Tony, and Calvin.
Read the above and it will explain all you have misled us about, and have bashed EDEX about.
1. The drill was promised, but usurped after the promise and kept by the same company to finish other drills, so, United provided another rig to EDEX. This explains the original rig promised still being on site and in use by another party. A total non issue except or someone looking to make a big deal out of something its not.
Should you have inquired about what United was providing EDEX to INSTEAD, you would have found out THE REST OF THE STORY. You would have found out who, what, when, where, why, how and what United resultantly promised.
2. Should you have studied and figured out how long and when EDEX was going to pull the permit, you would have understood, and not made your accusations about EDEX.
On and on I could go, but this is enough to prove the point of lacking DD and the conclusions you reached.
There is a poem which is apt to many of the bashers and their twisted posting:
Pussy cat, pussy cat, where have you been?
I’ve been to London to visit the Queen.
Pussy cat, pussy cat, what did you there?
I saw a mouse under the Queen’s chair.
The point is that one will see according to their nature. If you look for everything negative, knowing what you want the answers to be, you will find just that. And as a result, you will make your own reality. Loss of $$$, and bitterness will also cause blindness. I think both of these may be true?
Others look around and see the rest of the story, and see the royalty. Sorry you missed the Queen.
BTW: this post is not pumping. It is NOT a rah, rah, rather it is just the facts. This is what a neutral, fact oriented, post should be. It does not proclaim that EDEX is going to the sky and all will be rich! It calls for good, solid, thorough DD and correct interpretation of the data received. It further shows the importance of good follow up questions.
Dirt, this is not that difficult. For the last time - I hope:
If the driller tells you on Thurs that he will start on Monday. For sure!!!, Therefore you put out a PR indicating the drilling starts Monday. Done. The reason you even put is out is for all the whiners who are whining about "when is it gonna start, you're just pumping us along, you're a scam, all things said over and over on this very board.
But, Monday morning, the driller does not show. No warning, no contact, etc....
You are not in control! The driller decided to take 2x the payrate to get another job done. The driller tells you tough luck.
This is common in the oil business. Thats a fact.
So, no, its not about credibility. Did the driller infact say Monday? Yes. You are credible. Did the driller not show on Monday? No. YOu are credible, the driller is not.
This is not that difficult, the rest of us understand this. The real question is why you refuse to not acknowledge these realities.
Why ask me. Ask the source.
After all, you will just argue with me. Didn't you read my post?
Again, the answers to your questions has been answered before, and just recently.
It would appear that the resident negative types on this board have little memory as I am having to repost several recent posts. They continue to ask and whine over and over about the same things. We are adults here and it is not too much to expect adults to have at lease a small bit of memory.
One more time, this time for "Harsh Words:"
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23471984
"NN, some good and honest questions. Off the top of my head:
1. I've found that most of the constant bashing is done by those who have done little if any real research. Therefore, I encourage them to do it themselves! Nothing better than source information.
2. Arguing with the naysayers and negative ones only produces more argument. They then twist what you said and create the havoc of the past. Ultimately, their arguments are not with you/me, but their own bitterness/emotions. So, If they call and actually speak with the people who actually know whats going on: a. They will get the real info; and b. they can argue with them, not me, and not with/on this board.
3. The sp will eventually take care of itself when production and time takes place.
4. I agree that dilution is taking place. I don't like it, but I understand it. IMO, my efforts here will not affect the sp very much until production takes place. In this light, I also like the opportunity to purchase "on sale."
5. If the posters on this board all do DD and all become quite knowledgeable, the past problems will mostly take care of themselves, - all but impatience.
6. Some can say I am a pumper, but I'm not. I consider my self quite balance and am factual oriented. If I am wrong, I will say it. If I post facts or my projections, that is not pumping. I am not going to do anything to "pump" the sp. I will try to let the facts do that. If the time in the future comes, production numbers and future projects will do the talking/pumping in and of themselves.
I know the above does not really answer your questions, but it lets you know at least a little of what I am thinking. Whether my thinking is accurate or not, beneficial or not, productive or not, is up for argument."
Harsh, IMO, you continue to prove #1 & #2 true. You can scream all you want about it but most on the board understand this is accurate.
The other thing I would add is that you haven't received all the personal emails from those who use to rule, bash, attack, and roam about freely on this board and create the havoc of the past. Yes, it is personal, because I am getting all the pm of personal attack. I didn't start the personal attacks, but I am dealing with the issues. BTW: I am saving all of 'em for Matt. People don't like being reigned in when the once roamed freely with no accountability, so it is no surprise to me that I am having to deal with so many people and the resulting fallout of having a mod.
And again, another repost: This board is for investors of EDEX. Investors want the sp and company to do well. The DO NOT relentlessly attack, bash, slander, mis-state facts, twist either by accident or purposely their conversations concerning EDEX. These types of posts are NOT welcome on this board.
Harsh, your constantly wrong and very inaccurate statements continue to grow very old here.
You assume way too much way too much concerning what you think you know about me.
I started studying EDEX on the way down, and started buying after the big first dip, months after I first was introduced to it. Homework can be a good thing.
D, you need to catch up on information. Tom made it very clear to all that we were not the lead partner at the MESA drill. Do you homework.
Second, I was at the meeting!!!!! Enough said.
Thou dost protest too much. Thou dost assume too much.
Dirt.
1. The questions you asked have been sooooooo repeatedly answered over and over. But, for hopefully the last time, please review post: http://investorshub.advfn.com/boards/read_msg.asp?message_id=23472627
of particular note: "(Example: In drilling the Mesa, Tom and others were told by the driller that we will start drilling "next week." Tom shares this info and the driller does not show up. No one lied but the driller. Tom told those who called what the present reality was. {For a further point: the one's who complained and demanded info: now, now, now, seemed to be the first to shout: Tom lied!!!!, when Tom told them what the driller had communicated to him. The driller was the one who did not fulfill his word.} BTW: I'm not defending Tom here, I am only explaining the difference between realities at different points, even though the end goal basically is the same.) The point is that the Mesa WAS drilled as Tom said that EDEX would drill the Mesa, not on EDEX's timeline, but the drillers. An issue over which EDEX had little control. The completion is planned to be finished up in the next few months."
2. You ask: "why predict?" Ask Tom, not me. Ask the BoD, not me. Why fight me about it. This too is a very old discussion which was addressed and readdressed over and over back when it was a timely issue.
3. We had only 33% at Mesa if my memory is correct. We were not the lead. This too is old news. Again, why argue with me over this, call the source and take your questions there.
4. Your use of the term "outlandish" is the very type of thing that shows hidden motives and agendas and bring emotion into the discussion which has no place. Please stick to facts and quit the accusations. If Tom is told by a driller: "next week" and he passes that info on to those who call or the whiners who keep demanding a pr, than that is not outlandish. It is the most up to date information. It is an insult for you to even use the term! A word to the wise: quit it.
5. I agree that proving the field is a ways off.
HW, I would make a couple of comments about your post:
"Wildcatter himself NOW SAYS he has very little control of drilling schedules and costs." The truth is that Wildcatter has always said, not only to me, but the the many I know, that he has ALWAYS had little control. He said that 1.5 years ago and has been consistent ever since. All know, that a driller can say one thing, and then the next day no do what they just said. It has always been known that the drillers have control. Tom has consistently communicated this to me and many. I disagree with the picture you paint by your NOW SAYS. The truth is the opposite. He has always made it known that he was a minor partner in the Drill in MESA and in ND. These are facts!!!! and as such show that he is not in control. He has never even tried to bury or hide this info, instead he has always made this plainly known. Your twisting of what are facts is not appreciated.
You then say: "Since he has even less control..." The fact is that he has as much control over the success as he always has. Your continued spin of both of these comments reveal your continued bias and vendetta due to your loss of investment. That is a fact. When EDEX is finally a major partner in a drill, then they can exercise some measure of control and some things and timelines might change, for the better.
This is why I am trying to force posters, like you, or anyone who comes with agendas to twist and tear down to stick to facts and back them up as much as possible.
I agree that edex could possibly go on for a while with little revenue. (I just posted my guess of 6 months.)
I disagree that at some point there will be no choice. The BoD, each member is dead set against the idea. The fact is that they are in charge. Not you, or me. This if a FACT. They have consistently said this. Your, or my opinion regarding the matter is not. Therefore, stick to facts.
And yes, hopefully 60 days from now a corner will turn.
What I still cannot figure out is how you can over and over bash a company you hope turns a corner. Fear and greed make people do irrational things, as well as bitterness and loss of investment. Please consider a review.
Thank you highline.
You have shown many what this board is about: Information.
I am grateful.
Thanks ES. I appreciate your reply, and for keeping it mostly factual.
Yes, when a company has no real income and real expenses, the sp will fall as new shares are released. I agree that that was evident.
For the most current share information, please read the main page for EDEX on I-hub. In addition, please read past posts from wildcatter regarding RS. There will be none! One could only occur when the company is profitable and an exchange uplist will HELP the company. For additional, contact Tom and the BoD. Speak to them all.
I also agree that if EDEX does not hit anything substantial the sp will continue to decrease. I expect a change within 6 months.
Good luck to you, and no need to act so innocent.
One last question for you. You correctly said where the sp was headed in the past. The question is: Where, IYO, will the sp be in 6 months from now? If you will also give the reasons that will be great.
I appreciate your answer and thanks for the debate.
So, just asking some simple questions, huh?
Yea, it looks like it.
I too do not like to see anyone lose money on an investment. And too, concur that it would be tough to go from .50 to .015. But feeling have nothing to do with it. There is no room for feelings, whinings, blame, etc. The investor took the risk.
Yes, I remember your warning in the past. I knew I had seen you with negative comments in the past. You were right that the sp was headed south.
The present point is what will the sp do now in the future. This is the issue.
To answer intelligently will involve some knowledge of the ND drill and the current readings. It will involve an understanding of MESA and why someone would, (as you so innocently put it) be so half brained as to drill where no pipeline existed. It requires an understanding to know how additional funds will be raised to complete the 13 more ND drills and the 10+ drills in MESA as well as why EDEX would drill them.
It even involves knowing the difference between OIL and GAS. It also involves a temperament of patience as the true value of EDEX will not appear shortly.
Any investor should know and understand these issues.
I can explain them, can you?
Its not an issue of scam, but one of risk/reward from here on out, as it has always been.
BTW: I love how you so innocently throw in "Major dilution" in your innocent comments/questions. It sounds to me like you came here with more knowledge than you are letting on. (OK, you are not a basher, but you are "acting" like one.)
EDEX has not even doubled there shares in the last 2 years. This is not "MAJOR DILUTION" as you put it. I've seen too many pink sheet companies increase shares by 5 or 10 fold in one year. Remember, this is a pink sheet stock. Pink sheet stocks sell shares to raise funding and cover expenses until they succeed or fail. You know this!
I don't think you are so innocent and IMO I doubt your "asking simple questions."
ES, I too agree that the company, how did you put it:
"the company seems to be doing just fine in regards to that all by themselves."
Yes they indeed do "seem" to be. IMO it is a temporary issue.
Regarging the negative questions, I have always encouraged people to do a little research before they start posting away. Your question could have been easily answered if you had read my last post where I talked about negative issued.
My first advice will always be to read and read before you post so that you can ask intelligent questions.
Expose, when the negative is nothing more than insinuation, yes I will challenge it.
I encourage you to catch up with your research and posting regarding EDEX.
Point 1. EDEX was drilling for gas, NOT OIL at MESA, where the pipeline will be needed. All should know this and that a pipeline will be needed. I would figure that someone with the name of exposescams would do even a tiny bit of research.
Point 2. The first well has been drilled, gas has been found. Several more wells will need to be drilled to prove the field for production or sale.
Point 3. Why would someone drill where there is no pipeline? Because they have already looked where the pipelines are. Only half-brains look where it has already been shown not to exist. (You know, this is not really that hard.)
Point 4. It is no ones fault but your own if you do not do your own DD and purchase and lose money because you read a stock board. I have continually encouraged people to do their own DD! Whether someone made or lost money is their own fault.
Point 5. If you have actually read my last couple of posts you would have found mentioned 2 times: negative discussions are allowed and I give 2 examples. Again, did you do any research before you posted? Is this a habit?
Funny, how all the sudden, 3 bashers have show up. Are you all related? Communicating? etc?
There are reasons, valid and real reasons for the decline in SP and dilution. Can you list them?
Cute spin. My, how you've suddenly taken the high road.
I love how bashers, when confronted, all the sudden, begin to act self righteous. This is one reason it rarely pays to argue with the negative insinuation or the person.
I just posted this this morning (see below) and yet, Dirt still doesn't get it. It is a WARNING to stop the constant negative bashing and insinuation. Not only to him but to the few who have constantly bashed EDEX relentlessly with little factual support.
I will confront the negative insinuation each time I get a chance and expose both the post and the person. This does not dilute my Mod position, it is the very purpose and job as the mod position. And believe this: I did not take this job on your behalf. I took this job to end the bashing. It is only kindness that leads me to say:
HW, please read the following:
To all: a reminder of a very recent post which many have foolishly ignored thinking that I-hub does not enforce its rules:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23285642
"Question: What if someone is bashing the same topic over and over again? We’re tired of it!
Answer: This is a part of the fine art being an Admin. The best way to handle it is by letting Matt know, it’s his job to deal with the tricky cases, that aren’t true spam, but are just flat repetitive. The same goes for pumping. If someone is just senselessly pumping, let Matt know. Neither go over well on this site." -- This is from the Mod's Handbook.
So, yes, when all one of the bashers do is constantly repeat their same mantra of: I hate Tom, Tom lied to me, blah, blah, blah, yes, eventually they will be removed! And I will begin to more quickly remove those posts after repeating warnings. The same will be true for blatent pumping.
I've recently had to delete many a post due to OT, profanity, attack, etc. The "no rules" culture of the past is just that. The past. These types of posts are not allowed by I-hub and will NOT be allowed here. To those of you use to posting as you please, CHANGE, or things will not go well with you, at least at this board.
You will observe I-hub rules on this board.
Post opinion & WHY. Discussion is welcome. Repeating of the same topic over and over from a negative viewpoint will not be welcome. (See the first paragraph.)
This is an investors board. Investors in the company want the stock price (sp) to increase, not decrease and treat it as such. Not that negative issues are not discussed. The are addressed as we have here. (For Example: The stock structure for EDEX and the preferred stock structure. Both HAVE been discussed here numerous times. Neither are positive issues). But the blatant Beat Up EDEX, Tom, Clayton, Calvin, Tony, BoD, will stop.
One, who ignored the above, has recently been banned by the I-hub Admins (not me). Lets not see others banned.
Dirt, in the future, go ask the parties involved, rather than insinuate negative on this board.
As much as possible, this board is for facts and research, not constant negative insuinuation.
Please up your posting.
Now that you have accused and STATED that it is not much money, how much exactly was needed. You've stated it, now tell us how much.
My guess, is that you actually have NO CLUE. Prove me wrong?
I doubt it.
Now, here is you chance, you just posted, so post how much in the next 10 minutes, if you are right. I will never post again. If you are wrong, you leave for good. You got 10 minutes to prove you have a clue.
10 minutes later...... an edit:
As per usual, you cast your negative accusations and insinuations and ran away. (I expect you to say that you were gone.)
Jag, in many ways its not a bad idea, as there is really nothing more to discuss until then.
It would be easier if it were done. Those interested in the company can read all the past posts and all will quit the needless bashing, and chewing on each other.
I, for one, would appreciate not having to play kindergarten cop.
Thanks for the idea. IMO, it has merit.
To all: a reminder of a very recent post which many have foolishly ignored thinking that I-hub does not enforce its rules:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23285642
"Question: What if someone is bashing the same topic over and over again? We’re tired of it!
Answer: This is a part of the fine art being an Admin. The best way to handle it is by letting Matt know, it’s his job to deal with the tricky cases, that aren’t true spam, but are just flat repetitive. The same goes for pumping. If someone is just senselessly pumping, let Matt know. Neither go over well on this site." -- This is from the Mod's Handbook.
So, yes, when all one of the bashers do is constantly repeat their same mantra of: I hate Tom, Tom lied to me, blah, blah, blah, yes, eventually they will be removed! And I will begin to more quickly remove those posts after repeating warnings. The same will be true for blatent pumping.
I've recently had to delete many a post due to OT, profanity, attack, etc. The "no rules" culture of the past is just that. The past. These types of posts are not allowed by I-hub and will NOT be allowed here. To those of you use to posting as you please, CHANGE, or things will not go well with you, at least at this board.
You will observe I-hub rules on this board.
Post opinion & WHY. Discussion is welcome. Repeating of the same topic over and over from a negative viewpoint will not be welcome. (See the first paragraph.)
This is an investors board. Investors in the company want the stock price (sp) to increase, not decrease and treat it as such. Not that negative issues are not discussed. The are addressed as we have here. (For Example: The stock structure for EDEX and the preferred stock structure. Both HAVE been discussed here numerous times. Neither are positive issues). But the blatant Beat Up EDEX, Tom, Clayton, Calvin, Tony, BoD, will stop.
One, who ignored the above, has recently been banned by the I-hub Admins (not me). Lets not see others banned.