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Correct me if I'm wrong, but what it says to me is that
he is confident enough in sales to pay himself back through his own efforts versus dumping shares on the Market to Inverstors,
Maybe he does read these boards and is getting rid of those zillion shares, I sure hope so cause then we do have a Winner.
MC
Sham, I agree,
Really, Really Hope for the best here,
And I hate to be a negative one,
this guy could be Aces for all I know,
or just the oppisite, just don't know,
As far as OWNING A FACTORY, don't know what to think he
just sort of threw it out there,
Like me saying I would like to buy a New 10 seat Jet,
yes would be great, doubt it will happen,
but maybe over there he can do a factory, just IDK
as far as how it would be paid for, I guessing
through the zillion shares out there?
I just think if he's serious, these shares have to
be retired or some how eliminated before this can get
serious,
I would buy more shares if there were not so many out there,
but to buy it and have it tread water at 0001 while the zillion
shares hit the street, just has no appeal to me and I assume
many others based on the trading activity,
GET RID OF THOSE SHARES!!!
Hoping for the best
If it's large volumes with the price going up
will be a really good thing,
if just another run of large volume staying at 0001 and a few 0002's, not a godd thing, that would just be feeding a ATM Machine,
of course we on't know until we get there.
MC
BruceBill,
So If / When the Fins do come out and assuming that they are even
better than the last ones (which were really good) and if....
they don't put out a regular PR to the Vast Investor Community,
And if there's still a Zillion Shares out there,
Do you think it will have a positive impact?
And are we hearing any news on any new Sales as in the past?
MC
I would but more right now if there was not so many shares
Out there and I thought Peter was out of them
Let them retire / get rid of them and I think a lot of
People will buy, but if you know another zillion it two
Are going to be dumped at .0001 what's the point ?
That's like throwing shix against the tide
V-
Hope they have one, Lot's of Fun, gGeat Day, Great Way to Promote,
Only I won't be there and I hope if someone does it they do a much
better job than I did to make sure it's a real project with real people and real potential, if not, would suggest they just walk away and don't do it.
MC
Tampa, If that's your way of saying "I told you so", OK
So Peter stuck it to us and got the last laugh?
He get's a couple billion shares? Wow!
UFC, No, don't know,
only see what is in the Fin's and hope that's real,
have to wait and see I guess
UFC I hear you and have read it many times .
Looked at it several ways, one of many thousand
People who set up a corporation using the spouse
To qualify, which of course it not what corporations
We're set up for and based on timing came back to
Bite him. It looked like he was trying to do the right
Thing but who knows for sure. I don't know the guy
And nothing ever comes easy here in Drakeland
For all I know the guy is 100-% ligit and bringing revenue
In here as nobody else has ever done... Or
He's a crook.
I really don't know and not sure who else does
Arnold, If you or anyone else here
speakes with the guy that's running DKGR now,
could you ask him a simple (actually 2) questions for me...
1) Does he want the PPS to go up.
2) If so, how does he plan on getting it there?
I think that's two simple question someone in
charge should be able to answer for their investors,
and should be telling us anyway.. Agreed?
MC
Arnold, To answer your question, I don't know,
I have no feel for the people running the ship,
they could have said no R/S so people would keep buying while
they keep dumping,
or they could have said it because they meant it IDK,
they are not open, (they, may only be 1 person)
so it's hard to get a gut check on it,
MC
Arnold, No, there are other people here that
I assume are talking to them, hopefully
one of them will approach them with the ideas, if in facr
that have not already heard it 100 times.
As for Keeeezzz, No I don't find it that hard to believe
that after Peter failed that he looked for someone who wanted to
be Public and had some value to add into it,
what he may or may not have done on his way out the door with all
the shares is a big concern that I have.
Other than that, just another day in DrakeLand
The thing in my head is......
Let's assume for a moment that this is not a scam as so many
like to say over and over and the numbers reported are valid
(I assume that they are)..
The company would still be stalled because of the number of shares and they way they get dumped everytime we see something
that catches attention.
But the thing is with the problems that they have that they are
fixable, getting the revenue has always been the challange and if we have that and more to come, everything else could be fixed,
which begs the question, Do they want to fix it and fix it without a R/S?
Get rid of those preferred shares, retire as much as you can with the outstanding, keep getting the numbers up, get some real IR People in there, Do Real Press Releases, become open,
If real, then why not? We would all benefit
MC
Arnold
Because...
#1 They only release news to a very limited # of people who have already bought it or just don't care,
#2 Because they don't spend money to do Real Press Releases
#3 Because they don't have a PR Dept.
#4 Because they have a zillion shares out there
Other than that, it should fly
Vegas, Yes and No,
Yes I've been here through the Ages, that's for sure,
thing is I waited years for this to have some revenue,
and now they're showing it, something we've been waiting for years.
Just on Speculation over the past few years, it has has ran over a penney and then couple years later almost a penney, and all on speculation alone that we may be getting revenue, and during that time they did not post the revenue and now it's here, cool.
On the other hand, we never had the amount of shares out there
that we do now, and the volume of dumping that we have seen, No reason to feed a ATM Machine.
Some say it's Peter, IDK, but if it was and he believed in
what he turned over, why dump the shares? Or did they watch Wolf of Wallstreet and believe that's the way to do it?
On the otherhand, maybe the new guy dumped them to finance what he's building to post the sales he's posting and build on it?
either way, there's still a trillion or so shares out there that could be converted and dumped and it's killing / killed the stock,
if it were me and only if ligit (otherwise walk away), I would pack up a few million shares (20-50 m), get rid of all the rest,
work my business and get the PPS up to 4-5 cents and those
20-50 m shares would really be worth something and I would be benefiting the shareholders who believed in me, I would also come out from behind the curtain that we're now seeing.
Or possibility is you're right and I'm just a real diehard.
MC
sorry, Vote
Die2, I agree, they have seem to have done what they PR'd,
it's what they didn't PR that they did that's killing
the stock... like a zillion new shares and that they
dump it everytime the stock gains new attention.
Why not retire all that BS Stock, go with the number
that they have, get it up to a Penny or Two and then
do their R/S,
That's my votet anyhow.
MC
Trade. I agree
2 m $$ so far, I've waited forever for this to happen
But never figured when it did they would be dumping out a zillion
Shares and as long as they continue it does me know good
Never saw that coming
Vegas, Read it twice,
sometimes you make me laugh,
this time you hit the mark
I would say that you're back,
the rivalry continues
So put down the Jack Daniels,
step away from the keyboard
MC
Sammy, Correct me if I'm wrong, But....
Been here for years, too many actually,
and all along waiting for something to work,
now we have reported what several million $$ in apparrel,
cool something finally worked and we should be off to the races,
right?
But no, we're still setting here at .0001 and every time we think
something good is about to happen another zillion or so shares get sold again at 0001 keeping the price down.
Now to Parker, that may or may not happen, who knows, but even if it did, what is $100,000 is stock to sell when we have several million dollars already in sales and the price stays at 0001
and zillion of shares keep being sold into the market,
In my opinion, there lies the problem, as long as there's all these shares to keep throwing out there, how will it ever go up and smart investors who see it will stay away.
Like I said, correct me if I'm wrong, still looking and trying to figure out a way where this could ever work. But if this is truly a ATM Machine for the Owners, why do we want to keep feeding it?
MC
Only, Only if they quit dumping shares, otherwise
it's like shoveling manure into the tide, it just go's nowhere
if they keep doing that, I hope people quit buying,
it's the Investors turn, so quit dumping shares, retire them!!!
and if it's Peter dumping, well I guess it's Hard earned and
he deserves it, look at how many times he went to PA to try and
get the Oil thing turned around and gave us a First Hand Report
when he came back.
I know, I know, I should have posted that on Comedy Central
MC
I could be wrong, but believe couple years back they may have sold to retail too, some bank in NY was what I thought,
right after they said that they had a line of credit with some NY Bank..
This is just what I thought they did and reading between the lines, etc.on my part, so first to admitt I could be wrong... But here we are a couple years later and same announcment and zillion shares hit, go figure.
Don't get me wrong, I really want it to go up, but if it's not allowed to, don't see why we should put money in their pocket as a current ot parting gift.
Just my opinion.
Vegas, Thanks Man,
now we have o go back to pretend to hate each other
as not to confuse people here..lol
I always felt these guys would get it done,
especially with finally producing revenues in
the 7+ figure amount,
But if it's true that they just plan to convert shares
and take out money as a ATM Machine, then we're (investors)
screwed in my opinion...
It would be great if new management were former investors
who had investors as a priority and managed that way...
For example instead of converting shares to (I assume a 3rd party)
and selling at maybe half of the .0001 they would need to discount to generate cash to just get a few grand....
Why not retire all those preferred shares and everything else that they can, keep a nestegg of say 1-2 hundred m shares and keep selling product and building up the company and their own nestegg,
get it to 5+ cents or so, that nestegg would be worth a lot and everyone would benefit.
At least that's the way I would approach it.
If they stay in the shadows, dump and more dump, this will never work.
MC
Arnold, seriously ?
Where do you think all the 0001's are coming from ?
Do you think there's investors that bought and now they're
Selling at their profit number of 0001?
I thought the dumping was over and we had a shot
Not sure having big volume without a big price increase is a good thing, fact, I don't think it is.
If it turns into someones personal candy store, we're screwed
Happy Holiday Vegas, and to everyone else too, except... Never Mind
MC
Arnold... Im on your side and with Bruce too,
but the number of shares out there is a problem,
saying no R/S at this point does not really say
much in my opinion...
I think the revenue is so positive, I can't tell you
how happy I am, but the number of shares, the guy hiding in the
shadows and the lack of formal Press Releases, No IR, is a problem,
but a lot of potential is there if done right,
Some of the things some others are saying I think has some merit too (on the negative side).
Let's see what happens.
MC
Lurch, Thank You
Happy Holiday's Everyone,
Be safe, Be Happy and See you soon
MC
Tribunus, That would be ok,
Then I can load up some more after 1st of the year
It's where you finish, not where you start.
That's good, if memory serves me right,
we have seen these projections in the past and they have
become real orders,
unless of course one wants to believe in the scam theory
and we have zero,
but personally, I think 2015 is going to be really good
for us.
But not posting as fact, because only people in the
company really know, but looks good.
Tradelong2 / Brucebill.
you're hearing the exact smae things about it never going over
0001 that was said before over and over and over,
then it ran to .0085 or so, and at that point we all wanted to see some dollars income,
happened before that too and I think it ran just under a penney or so (maybe more, been so long)
anything the same story except we now have dollars in the kitty,
so yes I have faith.
MC
TraderLong2..
It takes you to http://drakegold.com/blog/view/544/drake_gold_resources_inc___dkgr_otc__provides_an_update_on_eagle_oil_holding_company_inc___egoh_otc__
Eagle Oil Holding Company Inc. (EGOH:OTC) Approves a Stock Dividend to increase Liquidity
Trader..
I don't pay too much attention to that stuff, below is part of the release..
Dividend to increase Liquidity
Eagle Oil Holding Company Inc. (EGOH:OTC ) is pleased to announced today that, pursuant to a special meeting of the Board of Directors, it has passed a resolution approving a stock dividend to all stockholders of record. The exact timing and setting of the official record date will be shortly announced pending FINRA’s final approval.
Due to the lack of liquidity in the stock, and as a reward for the past loyalty and patience the shareholders have shown, the Board has approved a Stock Dividend that will pay all shareholders of record a 3% stock dividend. This dividend would issue each shareholder 3 new Eagle Oil Holding Company Inc. shares for every 100 held. New share certificates will be mailed directly to all qualifying shareholders of record by the Company’s Transfer Agent within 30 days of the Record Date. The Company recommends that all stockholders contact their brokers to ensure their mailing information is current so that there will not be any issues in the delivery of the new stock certificates.
See that's the thing,
you don't know this anymore
than I know it's factual and going to explode,
the big difference is posting it as a fact
versus what one thinks
Vegas, I don't mind answering you (most of the time anyway)
Why ask me?
My opinion, I think it looks good,
if it's a scam as you think then your correct,
If not big upside, IDK, not pretending that I do.
As far as Parker, etc, I don't pay much attention,
only to numbers that I have never seen before,
never seen them here, hoped to see them for a long time.
If real, which I assume it is, Great,
if not, then hope the guy has his passport up to date,
or they bring him in
About the best answer I can give you.
MC
Bruce, Another thing.
if they are not sending this news out over the Newswire,
then the only people looking at it (with I guess a couple exceptions) are people who already know about it and I would guess the majority of them have already bought or bought and sold and moved on.
So, maybe there is a grand plan or maybe they're just stupid, or don't care about the PPS at the moment, I really have no idea.
I just keep saying it depends on who's steering the Ship.
And if this is real as it appears, sooner or later the PPS will
adjust to the level of the Dollars he's creating, at least in my mind/opinion.
MC
Vegas, So you got the Day Shift today?
Good job
Bruce.. Just as Great
We have wonderful news and we have not seen a zillion shares
released.
If this holds, we may be on our way.
MC
Dead, I don't think so....
I've been waiting for the volume to stop,
after we saw over a Billion Shares Dumped
people are going to wait to make sure the
dumping is over, and it's going to take a period
of no large volumes of 0001's, where I hope we're at.
so not a lot of trading now to me is good
then we get some good news or news of news and if they
don't dump more 0001's then we off to higher ground,
if they do dump them, then we're screwed.
Like I keep saying, it depends on who's running the ship
and what kind of person he is, right now he seems to hide
in the shadows, sorry to say.
MC