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Scotrade shows market cap at 1 million.Again why are no insiders buying?They are valueing your company at basicly nothing.Geo must have pocket change of a million with so many years of pip success.And Tom with 30 years in the biz must know at least one person worth a million that trusta him.LOL.Read between the lines they can't find any capital in the largest bull market in oil ever!Why,they have none,read latest quarterly report.The truth is still zero,as stated by edex in there reports.I know it sounds impossible,with 4 or 5 PIP wells drilled at 70+% success rate,it is a miracle to miss that consistantly,with the greatest tech ever developed.That the real facts no more DD needed.
And what do you think of PIP,a scaam?Just asking,don't want to be banned,but everyone I talked to in Wyoming says it is just to good to be true.Plus why don't we ever benefit from the spectacular results,we had the strongest signal ever at Mesa!Plus geo won't ever never share this tech,or even teach another person to use it,sounds fishy.
So where does the buck stop?Why do we get timelines that never materialize?Don't they share info?Mesa was EDEX's baby,the company maker,Tom shouldn't of put out info cause he must not know.Geo is the fall guy.You need to call some people, like I have and ask if there could be any reason in the world why a completed well takes a year to get results.The answer I recieved from very knowledgeable people is NO!It is all paid for,but this is according to Tom and maybe Geo didn't share the correct info.Also Tom said results in Jan of 07,but maybe since he isn't the operator no one kept him informed,and like you said and I believe no one is in charge.
And who does geosurvey work for,EDEX?Maybe,they should be asking what the hell,well done,everyone paid,no reason not to have results.If my company was facing extinction I would have Geo on the carpet,and no excuse would be permissable.But I believe in accountability,not more excuses!There is no acceptable answer.It just doesn't ever take this long on a completed hole.It just doesn't,I don't care who the buck is passed too!
Get use to statements like that,energyguy!He has said the same thing to everyone for years.Last year the price on 12/06 was 12 cents with many promises of results comming soon.Today .007 or less.How many promises did he deliver on to get it to this level,nada,none,zero.Plus we have everyone paid in New Mexico according to TOM,what's up with that?
Hours later we get results,not a year,according to phone call with Tom.First quater at latest according to another PR by Tom.Reread posts,Tom continuely stated results,first days then first quarter,not years. Tom has 30 years of oil field exp.but can't even open a choke.Rightee tightee,leftee losee.
Thanks,and I have been sort of dwelling on Mesa lately,and why they don't get results,but after talking with people in Wyoming they say it is a very cheap simple procedure that would prove up the field,establish reserves,allow for investment,and increase the share price.All of which would allow the company to move forward.I'm sorry,but I don't think these are baseless questions to an easy solution.
Who would invest with no proven reserves.AS stated by edex's own last quaterly report?Mesa must have a match thown at it.Simple,easy but they don't ever prove up anything!Why?Would you build a pipeline to zero proven reserves.That'the true facts.Nothing proven,nothing in writing.
And if the stock falls to zero from 80 cents it doesn't exist either!
If only he would of waited he would own the company with his intial investment.
Is relentless cheerleading included?Read you posts starting from 8520.LOL
You could of got twice as much for half the price.Better deals comming!If losing money is your game.
Started drilling Mesa 11/09/06.One year and 15 days later no results.Not including the fact it took a year for rig to arrive.Great management,EDEX's website states over 100 years combined oil field experience.Don't any of them have a match,or know someone that does?You think they would of met someone in that 100 plus years that can get'ER done.Lets all send Tom a pack of matches.No more excuses!
Call Tophat,he'll cheer you up,telling you about the upcomming $2 dividend,buyout,and pip successes.Thats being jerked not kicked.Re read post 8520 by this boards independent moderator.You will pee your pants laughing.
This board is open to all and all opinions.Not just the cheerleaders who have cost everyone mucho dinero.You should be happy.The price keeps going lower and lower and you get a chance to acquire more for less.Tophat complained in one post that he only owned 1/2 million shares at about 16 cents,now he can afford to buy more 16 times cheaper.Ain't that great Dragon?You just need to raise some more cash and double down.Re read post 8520 by moderator Tophat.
I don't own even 1 share,I don't believe a word Tom says and wouldn't think you would either.Name one thing he has said that came true in 2 plus years?Pip should of made everyone a billionaire.How come no one can throw a match at Mesa and get some results,everyone is paid,says Tom.It is so simple and very cheap.Flare the damn well,it does not take a whole year to test the frickin well unless you are a idiot.Call Tom why? To be told they haven't got the match paid for yet,average your cost down during this tax selling season,buy buy buy,you may own the company soon.Then you can test Mesa if you have a penny left to buy a match.This company is so cheap that any true oil man could if they believed the BS write a check and own it outright.No insider is buying.Clue
Take EDEX PRIVATE!With edex price at .005 it has outstanding shares worth only about 1 million.Calvin,Tom,Tony,don't you see the great op here.Or just like Tom's sec who sold her million plus shares on the eve of Mesa results,they know the real money is in milking the gravy train.Calvin hit 43 of 46 wells,PIP is over 70+% accurrate,Tom's been in the oil field for decades,they all must be billionaires with such great tech that almost can't miss.Remember Mesa was the strongest signal ever for PIP.This is a chance of a lifetime,Man I wish I wouldn't have sold my $10,000 dollars worth months ago.If they believed,the price would be going up,they would be buying,insiders always buy when the stock is being given away.Mortgage your house,sell your retirement fund,this is what I would do if Mesa had gas and ND had oil,plus the many other PIP hits they profess EDEX has,remember they have multiple PIP hits in many fields each hit is almost a sure thing,plus interest in Texas with multiple PIP hits.Buy insiders buy,put money where mouth is,I sold,70+% isn't working too well,no pun intended.
How bout those Hogs?LSU loses at home.I just reread a lot of your earlier posts,you been dead right.LOL.But your post 8520 says it all.Nuff said about your facts or shall I say fantasy fiqures.Great DD.Gltya your going to need it.
I would not gain any info by calling Tom and if there is info Tom is sharing hopefully it is better than the stuff he has feed you and others over the last 2 years,making unrealistic statements about future results,2 dollar dividend,ect.means you would not recieve anything but the same.Read the last quarerly report,$64,343 salries,no proven oil or gas.Mesa has sat there with promised numbers since first quarter,it takes very little to flare a gas well and determine production.Why when Tom said on a 9/18 post that all Mesa partners are paid up why hasn't anyone thrown a match at it.It is about that simple.My friend tested one and said it is so simple even a cave man could do it,especially if no so2 gas.Permit,flare,measure.Come on guys.Permit,flare,measure.Get it done!
Re read this post,blind cheerleading to get people excited and buy at 16 cents,it's now .006 bid.He was conversing with Tom regularly and doing more of his great DD.Insightfull wasn't he,but he still believes Tom's stories and dragon man wants me to vsit with Tom.Why,and if PIP works as great as it has in the past,?The sky is the limits?Right tophat?
Tophat we were told that EDEX had PIP which was proven to be over 70% accurate at finding commercial oil and gas.Right?Now you say if we are not suuccsessful take it like a man!Well if you give me those odds and let me buy into 5 different lotteries I'm spending my money.Odds are totaly astronomical that I would lose.Thats why people bought into this thing,not to take it in the shorts!Do you believe in PIP?
I expect management to make at least one correct decision!Based on their many years of oil field experience can't a right decision be made?At every turn it is the wrong drilling rig,wrong workover rig,wrong crew,wrong pump,wrong pipe,wrong wording,wrong acid frac,wrong reading of logs,missed by a hair.Man,just excuse after excuse,like I said deju vu all over,there is no iron in your words,no execution,just believe my newest excuse.Great management,payroll definetly worth the $64,353 per quarter.Then your vague unsubstanciated quotes about your DD,say something!With your track record why would any person who wants to preserve capital listen to you?
I thought you were done rehashing old news,my posts were correct,honest and factual.If you believe someone elses story fine,I know the true facts.The proof is anyone who has listened to you is OUT a LOT of MONEY!Does the PR of Sept 17th say pump ordered?Yes!Keep the faith,because that's all you got,no facts,no info,no logic.String us along for the last penny,or give something that we can hang our tophat on.
Sept 17 PR states pump ordered!New 3 month audit out as of Nov.13th,Payroll expenses up to 64,343 dollars,no proven oil or gas,those are facts.I'll find the post where Tom said all partners paid up.
Hope you enjoyed the Holiday.I would rather see a lot less talk and a lot more action from Tom.The PR said it was ordered months ago!Just more words,the sub penny sales say more than the string along statements from Tom.Of course I'm just trying to drive the price down so I can buy more.LoL,I've been trying to enlighten EDEX investors since 12 cents,hopefully some got out and saved a few thousand.This is just Deju Vu,all over again,and again.In my opinion if you aren't one of the first tax sellers,you won't be able to sell.Look at the past and you will see the future.More of the same!
Have a nice Thanksgiving.I reread the Sept 17 Pr again and it said the pump was ordered and I believe Tom stated everyone was paid up.If you order,ye shall recieve,right.What about a million plus traded at .007?Neat number for a Bond fan but not a stock holder.Gltya
That makes since,why would anyone have trouble comming up with a few thousand at 100 dollar a barrel oil?No pump,no oil,no money.Get pump,get oil,pay bills,make money,seems so simple unless there is no oil.Thought we were told everyone was paid up back in Sept?
Seems like the last time we lost our moderator,Quiet with not an update or post by the then lowman,later we found out he bailed left everyone in the dark.Tax selling time is looming and edex can't find a pump jack that was ordered months ago.
Ask Martha Stewart.She just had a private phone conversation.
Just bought in today at 6.94,many inside buys lead me to this decision,and a belief that the wells in Turkey will come online in the first half of 2008.Glty
No facts,no fiquires,no dates,no proven,probable or possible reserves,No mention of a partner or investor,no name to colaborate if pipeline could happen,typical Tom post.Hard to do DD when all your told is we plan a 9 million dollar pipeline,13 wells which cost 25 million dollars,three more wells to test mesa,tyban ft.sumpter.Wow,who do you call,Just Trust in Tom.Sounds like early 2005 all over again.And of course no timeline.Oh,I forgot, at little or no cost to EDEX!Sounds too good too be true
No facts,comming.In March 20th Pr you state "that results of the test and reserve estimates should follow in 18-20 days"direct quote.Well?Palo duro well PR on Jan 26 says "completed well"So?Back in Sept 2005 you told us that millions in capital comming,remember the hiring of Wexler Kronen,How much did we get?Edex hired Haliburton at Mesa what did they say?No facts,no answers.More grand standing.Did the interview on MN-1 cost EDEX money?How much did it cost to have the latest PR firm come in and pump up the stock,with their postcards and cold calling?Does the buck stop with the CEO?Answers?
Scotrade .014
Exactly,
Exactly,
For the last time this is redundant,because it is needlessly the pattern of this company,nuf said,also your facts about driller telling Tom he would be there is false,I called and talked to can't remember his name last year and he was still drilling he ask who said they were on the way,if rig is still drilling it isn't on it's way,I got this info by using a phone,same day.Call United and get the true facts,Tom later admitted that they hadn't finished up yet.It seems to me you are very defensive,and get your facts only from company personel bad idea,based on numerous past claims,also you need a permit to flare or release gas at Mesa issued by state,if you don't have permit you don't get results,so how do you state results forthcomming,again I called found out none were applied for,so credibility is at issue.As CEO you should know if things are in place to even issue the April PR and they weren't,again I used a phone and called someone not Company personel.Reality is call and if I'm wrong I'll post it.
I think that was what I was trying to say,Tom gives a time line then when it falls through he says he has no control,which is fine but a man with 30 years oil field exp.should know what an appropriate time line is.Then what does he do but repeat the same thing over and over,give a time line then state again, not my fault.I can think of this happenining 6 times or more.Credability comes into play when you give dates that never materialize.Don't tell me you have no control when you are the one posting or PR'ing the time line,have your ducks in a row,also if you don't have a permit to test Mesa how can give a time line,and how can you say rig is on the way when it is still drilling somewhere else.I called the state of NM when this prediction came out and they said no permit was applied for yet, confirmed by Tony later,called United when told rig was headed to site they said still under contract and ask who said so.If Tom releases info contrary to the obvious,it is his fault.Just recently someone said they got a permit to test Mesa,not months ago,maybe Tom needs to do some DD.Thats why you never get info solely from someone tied to the company,they are not impartial.
On the companies PR of April 24th Tom states that test results will be comming in 18-21 days for Mesa.If he has no control why make such outlandish projections?On July 20th he stated we are days away from results.Again if he has no control,why predict?He also said that we would need 3 to 5 wells at Mesa before a pipeline.Proven field is a long way away.
Isn't it strange each project a partner or two can't come up with their share of the money on a sure thing?Usually it is not that much cash and they bail,Why?
It also hurts when the company has no cash,no income to speak of and has to issue more shares to pay bills and delay after delay,no reserves proved up on any field ect.ect.