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"Positive reports" Johnsen?
Could you elaborate further please?
TIA, STL
Canadians are buying it solidly above .30
The share price in the U.S. reflects skeptism, wonder why...oh ya we got burned.
The "pump" must be going strong north of the border why waste time on those whom have experienced this gem's actions. New fish = higher prices.
We are under valued in comparison to some of our counter parts so is this a turn around? Hard to tell after so many years...lol.
STL
Can't argue with that Bugs.
Hopefully they will drill some decent producers and push our cash flow higher. Calentine has done a good job sqeezing out the fat, we were a bloated pig under Wheeler.
We shalll see, STL
$3,000,000 PP announced today at a price of .25
Our balance sheet is improving but once again shareholders pay with further dillution.
STL
Very possible Bugs...eom
Seems our friends Wheeler and Brisco would rather pay
50g's than go to trial. Am I reading this correctly?
STL
ASR just hit .42
They deffinately know something we don't.
We need mucho newbies to sustain share price.
STL
.32 Get outa here!..lol
Volume is low but .32 is great. The Canadians sank our share price, now that they own it time to drive it back up. OK by me, good to see interest.
STL
Thanks pissarro, great link
Looks like Wheeler's motions were DENIED!
Move to Federal court is simply a delay tactic after motion to dismiss was DENIED. Wheelers milking the system and buying time. A $2000.00 donation to the Republican party isn't going to help him. He will settle this matter as the FEDS at the SEC are our ace in the hole, Calentine and company are very smart to attempt asset recovery from the thief before that move. They wouldn't pursue him this intently if they didn't have the goods, what would be the point?
Wheeler and Sons will settle when all legal tactics expire as his actions indicate a trial is not in their interest. He simply cannot risk loosing a fraud case as it would bring the law upon himself and disbarment. Two bit lawyer moves won't save him, he'll settle and crawl back under his rock, unfortunately no less for the wear.
I believe the end of the legal manuvours for some defendants are winding down, probably some of what's driving share price recently.
Just my opinion of course, STL
Thanks AM
Evening AM
Do you recall I told you improvements had been made in the credit area. Maybe we are on the verge of bringing our credit status with Bank One current? Kevin also mentioned some lawsuits may be turning positive, so maybe some of the players have settled their fued and ready to move on.
Do you have any ability to track any of our current law suits? You are the master of info!:)
Sure would be nice to see this drama come to an end and get on with business.
We shall see,STL
.20 how many years since we've seen that number!...lol
Sure glad I loaded up at a nickle, hope she keeps rising.
STL
OK, the 31st has come and gone, wonder if we see a PR tomarrow
or just continue forward. If revs are up and debt is reduced further we could see improved share price going forward. Settlement of some law suits wouldn't hurt either.
STL
These guys know how to leverage their financial currency
unlike someone else we know...lol
Maybe you can introduce Tuer to our "friends". I'm sure he could get some more quality assets on the cheap!
Regards, STL
Looks like the Canadians are preparing to off-load the deeply indebted U.S. operations. Jan. 31, 04 is comming fast and the PR reads as though they can pre-empt that date. I don't see where it says default is required.
Furthermore, why would we need a 30 day loan? Is the PR wrong, they must mean Jan. 05.
After yrs. of watching and holding these share this is what is left? Mad cow and now this!....lol...Thanks Canada
STL
Ditto Bugs
Happy Holidays to All
STL
Lumpy trading...lol
STL
250,000 block trade? eom
Kevin has no news
on either issue. He did say management was working to settle a couple of suits in the near term(?) as for Bank One, no news yet. He did comment that our beleagured Acidizing unit was making money.
Maybe Calentine will sell the unit to pay down more debt. You have to give him credit, he knows how to shed dead weight.
STL
Thanks for the info Parch
I have been unsuccessful at lower levels as well.
I will call Kevin today and see if he has any idea when we may see a return to the OTCB. Management has to be getting a clearer picture on the future now. I suspect our return will correspond with restoration of our credit facility with Bank One.
STL
OK who keeps buying 1,000 shares for .16
Looks like the MM's are trying to take it higher but Pink Land isn't going to cut it.
stl
That's how I see it also
.03 profit in Q 3 and Kevin says we are drilling up North
so who knows what Q4 brings. Nice to see all of the fluff cut out of this little company. I hope to see some default resolution soon
STL
Oops that's Million not Nillion, hopefully. eom
I suspect 12 nillion shares at .14 and .18 warramts
have much to do with the silence. The PP was approved and the company surely can't pump it's share price until the bank note issue is resolved and we see an expansion in revs, not to mention all of the law suits.
The Canadians are drilling on their own credit and their production is expanding. U.S revs could be used for greater debt service if Endeavour continues to drill. Seems everything south of the border is in a holding pattern while management moves forward up North.
I actually like the strategy as it minimizes our cost overhead as noted in the reduction on the balance sheet while exploring new potential instead of old off sets. Seems to be a sound utilization of assets IMO.
But then again, what do I know...lol
STL
Wow, sounds like the management is quietly
kickin some booty. Sheba is right Q4 could be interesting.
The Pinks could be a good hiding place until the house is in order or Cudney is full.
Thanks for the link Am, I'll read the filling.
STL
Trading volume and price would indicate
not good, nothing new A.
STL
OT AM, I need oxygen
SRSL ended at 10.27 today looks like the good ol bubble days....lol
STL
OT No, been out for some time
the company doesn't warrant as the article states, it's lofty values IMO. I mentioned here that it could be a terrific short should the news turn south.
Since you ask....lol my pick of the year! SRSL, in last spriing at $2.20 now tading at $8.50 Getting rather lofty at this point but company is performing well and has 25 million in cash. Not a recomendation just one to watch:)
Nice to see a few winners after 2 yrs of stagnation.
Speaking of stagnation, heard anything from this little gem?
STL
OK who's buying our little gem!...lol
AM check PLLL let me know what you think.
STL
Been out for some time, if I was a gambler I'd short it back to 3 bucks....lol too busy with other prospects.
STL
OT AM did you see IVAN today?
Rediculous move in the last few days!
STL
Friend lost his houe near Crestline yesterday
had a lot of advance so he didn't loose much but the house.
Looks like things are calming down and the air is better today.
Sorry about OT guys, STL
Hopefully the winds will die down by tomarrow
We haven't breathed clean air in 4 days here in O.C.
and the valley is now on fire. Price we pay to live in
Cali I guess. Santa Ana's bring out all the fricken piros.
Be safe AM, STL
AM OT
"The Republicans are too much under the control of religion and foreign inerests," ?
I know many Republicans that don't attend Church. The media sells that pitch but Republicans don't all live in the South and follow Pat Robertson!...LOL
In fact the church I attended this weekend actually paid me for the first time in many trips, it's about time!
STL
Sorry, just thinking out loud...lol
STL
LOL how could you not grope that pair!
STL
Arnooold Wins Arnooold Wins.
Sorry AM
STL
Interesting AM, seems Cudney
is definately the "Ring Leader" not Calentine.
Looks like Northfield wants control, question is why?
Our move to the Pinks was no "error" in my opinion, simply a strategic maneuver to allow shares to trade on the TSE to Canadian interest while freezing out U.S. investors. Your insider information confirms this as there is no trace of activity on the U.S. makets. These behind the scences transactions weren't done via the Pinks and the TSE has had several large single day transactions followed by little or NO VOLUME to speak of. Cudney has had suffient time to complete his transactions in the shadows so I now expect to see improved fundamentals and god forbid, some news. Cudney must feel our Canadian assets have potential or this company would have been unloaded by now.
Cudney's got his backside hanging out there now so he had better cover it! Northfield falsley posted incorrect output for Aspen misleading investors on his website while accumulating shares and freezing out U.S. investors becasue of a filing error? Smells like fraudulent activity to me.
Just my opinion of course, STL
Still trading on the Pinks
Anyone know how long it will take us to return to the OTCBB?
TIA, STL