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We need to get the ghost whisperer...
Yes, it is time for you to go to the light...it is a good thing... not bad... then the healing can start...then everyone can accept their loss and move on with their life....
Yes move to the light.....
Anybody have any idea if this will ever take off and when?
Another week no new updates on the financials...
Too bad I got into this one...put 8 g into this...i will most likely never see back!!!
Its funny how the insiders or the employees of the company who post on this call their shareholders who have been burned negative people.
We are your shareholders, and I for one have just about had it...
This company has paid salaries that are way above the market and have sold shares of stock to their friends and not let those prices to the general investing public. I want to average down with those .00002 shares so I can sell at .0001 and make 5 times my money.
This company has being talking of buy back for years...it is just a ploy.
So which are you an insider or an employee of the company. Because you share are not a shareholder unless it is one that paid .00002 for his shares and trying to get off at .0001 hoping that some of us will bite.
So please tell us which are you, because it is obvious that you are compensated for your optimism!!!
BTW- Why does Petty get a $500,000 per year salary on sub penny stock. What is his education level and qualifications to warrant such a salary. I do not see his education level posted any where.
Is he an engineer? Does he have any training in mining? Does he have any college degree of any sort. Why does the sub contractors and employees demand such a high salary? This isn't a company that have massive resources and does not have a $1.00 plus per share stock to raise capital against. This is a .00001 company.
It seems that Petty and Company has bled this company and us investors dry on this deal and is still looking to do some more bleeding.
Yeah I actually read those financials.
Probably sub penny....since it seems that they sold alot of stock at deep discounts of .00002, which equated to .04 on a 2000-1 reverse... so they will sell at the .20 and drive it down to the .01 or lower...there will be a mass exodus...
Look at the bright side...there will be a real value of what the company is worth. Not the current artificial price of 19 million because the stock does not get quoted less than .0001.
The other item is after they reverse it how many more shares are they going to put in the float to sell into whatever program they do?
These new shares will probably be converted at par value of .001. Which means that this stock can be sub penny in a heart beat as people panic to sell before the others.
I don't think any promoter will wait a day..they will be first out, they all know FMNJ all to well and Petty.
The last stock Petty was promoting was his ENMI company, which is a whole other issue to itself. That fell flat... current price is wait no bid, no offer. The no bid part should sound familiar.
You think we will ever see any of that stock distribution?
Let me recap that one... He formed a Nevada corp with Howard Dunn, Previous President of Franklin, Gordon Jones, and Petty. Guess what the name of that company was? Franklin Oil & Gas. Then they transferred all Franklin Oil & Gas assets to that company and did the reverse merger with the New Nevada Corporation, and distributed the stock amongst themselves. Whats really funny as how the attorney can actually write a letter of opinion stating that there was no conflict of interest !!!
Do we really think we are going to get a fair deal with Petty and company? If you do then I got a Brooklyn Bridge to sell you... wait... can't do that... Petty already sold it to us...
Probably.... they should probably just put this out of its misery, so we can take our tax write off, because there aint much hope for us in this company. Especially after reverse.
Just hit the link below....
http://www.otcmarkets.com/stock/EORZ/company-info
I hope this helps.
feel your pain....and am in this stock at a much higher price...
I won't get into this thing any deeper unless the financials are up to date.
Call em up and give em hell!!!
It could be argued that both points would have to be adhered to...since it did not say a and/or b. It just says a. b. which I interpret as both points having to be complied with not one or the other. Since complying with point A does not violate any state law. Where point B is referring to state statutes not to be violated or to be done with in those statutes.
So I dont see where point B supercedes A , but where A and B must be complied with under the articles of the merger.
that's interesting...
It was non reporting pink as OPSY, and dont pinkies have a 10%, where reporting companies are 5%?
It seems that BMRK, is still a non reporting pink. Non reporting in the sense that they do not do filings with the SEC and they have not filed a registration statement and/or form 10 and/or I cant remember the form that gets done with the sponsoring broker.
They are doing their filings by the standards of the non reporting pink sheets to pink sheets standards.
I was always told, non reporting pinks 10%, reporting companies 5%.
Just looked up the form 13d, key word be beneficial ownership, under OPSY the majority of ownership was owned and controlled by the CEO, I do believe that BMRK is set up similarly.
So unless this is an insider such as the CEO who controls more than 51%, then there is no beneficial ownership question.
Always great to get into a discussion with intelligent people.
They have 20 million shares outstanding..
What is the trading parameter that u use.... the 20 million shares outstanding or the float, which shows 92,000 shares as of December.
How much of that note did they convert, before they discovered that is was bogus? I would assume that they have to return those shares to treasury and if they sold any, then they have to go and buy it back out of the market.
The question comes who has 7000 shares to sell at this cost, especially after reverse...
my cost average is near 20.00, not that will ever see that...I sure wish it would..
Thank you for your help!!!
Thanks for the education.
But it could be argued that since it was specifically stated as part of the terms of the merger under article 1.6a that it would need to be adhered to execute the merger.
Are you an attorney? Pretty fast how you were able to get out that part of the Florida law. Heck, I would not even know where to find that at.
Since you are so smart and if you were to go after OPSY, who would you go after? You would have to go after the surviving company.
Please correct me if I am wrong? The other point comes if the old management misled current management on this, what else did they leave out. Could the whole merger be challenged.
Also looking at the original merger documents filed with the state of florida, it does not seem that OPSY fulfilled its obligation to its shareholders of that time. I was never notified of a special meeting for the shareholders under article 1. Did current management even check to ensure that this was done prior to completion of merger.
I was never advised about the meeting and never received the communique as dictated under article 4.
Granted this failure was not part of the current management, but was the responsibility of OPSY. However, it was up to current management to ensure that the terms of the merger was fulfilled.
Since you are being a watch dog on this board for this company, I would have to say that you must be working for the company or an insider.
In my case...I am a disgruntled shareholder who lost his money.
I would like to know your suggestions.
So tell me, how would I find relief in this situation. It seems the current management does not care about its previous shareholders, due to the 1000-1 reverse.
As for the other board, you probably would want to refrain from comments there defending current management, since they did dilute everyone to a tune of 200 billion shares issued and now going to do a 2000-1 reverse. But if those are the kind you want to associate with and defend, it is a free world you can do
as you wish.
did anybody shoot them an e-mail asking them where can you review the company books and corporate resolutions?
let me get this straight, they reversed out all the old shareholders... me being one...then they were scammed by the ole boys out of Texas on the reverse merger on the convertible note.
Hmm... things that make you go hmm...
I guess some people will be filing a lawsuit against the ole boys for fraud and the new boys for hmmm... let me think about that one...oh yeah... fraud.
Still no updated financials!!!
I say call em up...but tried that...waste of time...
Looks like a tax write off for this year!!!
I agree...
You are so right...
As they say the proof is in the pudding.
No updated financials mean nothing on the horizon to be done.
I also wont be doing another average down....been suckered twice already on this.
This has been a pure dilution play..
How many shares does this thing have outstanding?
Never going up....
Here it is and when they reverse it, they will do it all over again.
These guys are a waste.
The financials are out of date, last posted financials are 2nd quarter last year.
They have no interest in getting this done... they suckered us and here we are.
Tried calling these idiots and they actually have the balls to say that they dont have time to talk to shareholders..
What a bunch of phucks!!!
We were scammed!!!
Cause you are a torchured soul (yes this is a play on words).
No one likes to feel they were duped.
It is hard not to feel that here.
The promises of no further dilution and it was diluted with no regards to any prior shareholders.
The promises of revenues for the past few years, the promises of positive reports that were never released. The promises of joint ventures that were never realized, the movement of company assets to a private company then sold to another company for a reverse merger. (some might consider this theft of public company assets)
***Without consent nor dividend distribution to its shareholders.
The question comes how did Petty get all these stock issuances, increase of the authorized, get re-elected and other officers without us shareholders voting on it??
I have never seen a proxy!!
This stock has become the boy who cried wolf.
Many times something is suppose to happen and here we are
averaged down and threw good money after bad.
I am not a happy camper. Been dead money for going on three months and this does not please. Worst than that I only have about 1/2 my investment.
I am out of here as soon as I get near even...
Then I can move on to the next game...what a waste.
Merry Christmas to all...
We all should request to look at their Proxies and the corporate books.
Petty always acted that this was his company and as he has stated that multiple times in news articles
It is not.
mm's playing with it..
I am curious...
How can they be doing all these items..
I have yet to see a proxy for election of officers in the past several years.
I have to see an approval for all their increase in issuances or a proxy vote...
I have yet to see an announcement of the election of the new officers... or even the sale of FMNJ in which some of the people on this board eluded too..
I have yet to see a proxy for the sales of the Franklin Oil & Gas assets that went into ENMI and have yet to see a stock distribution to any of the shareholders..
So the question comes if none of the proxies have been done...all the corporate actions in the past couple of years come into question.
was thinking about it yesterday...
But I am wrapped up in another play right now...
When I got in on this at .017, a couple of months back with the share structure and the average cost of past shareholders and the fact that they are QB, I expected this thing to go at least .30 per share with news and proper IR.
It still may get there...if they do keep it tight...
You know how these things are...they are a crap shoot...
However it is comforting to see that they are still QB so there is a chance that this thing could be a major hit..
still got a long way to go before I am in the green...
but it is a start..
i averaged down yesterday...
Hopefully this will get going...
I averaged down yesterday .. this thing should be close to being cleaned up.
Think about it...
It is below a penny...
Who would do that...an shorter would have covered at this level...
no reason to keep the risk open out there...
I remember once a negotiation broke down and one of the parties in the negotiation got so pissed, he bid whacked the company to sub penny ..thereby killing its chances to raise capital and do anything.
It is hard as heck to get sub penny stocks stock certs deposited.
The company never recovered.
You never know they may have pissed someone off...and they are being bid whacking to the sub penny level to screw them.
Anyway, just a thought.
I am in this thing a .017, I thought these boys would have been smart enough to keep it above a penny. Now the danger is can they get anything done at this level??
Hmmm...
I was going to average down...
These clowns still dont have their website up...
Been three months!!!
Market cap would increase with the issuance of shares...
if the stock has bottomed out at .0001... then all you would need to do is continue to add shares like billions upon billions and the market cap would increase with the ratio of shares increased.
Another play getting ready to hit..with bigger potential...
other games to go to...
have had my money tied in this thing to long...
time to get out...
good luck all of you..
Yes... too many times...CEO's of pinkies do not understand the capital markets and how they have to be constantly addressed to maximize shareholder value. They normally think it is a waste of money...until they need to raise money...by then they let their market cap fall too low to do anything to help them...Heck look, these guys let their stock fall below sub penny... that really screws with a company now.
They don't realize that spending 4g per month for IR will pay huge returns on their market cap.
Hmm.... What a shame...
The company looks like it is in survival mode and is diluting every month to cover their bills...
Shame..they had it tight and could have made this run... now to many people are being burned in its wake..
People are getting burned at every price level..
I invested some a couple of months back...and watched it go down ever since. Wont throw good money after bad... and now you have tax selling that is going to start..
You will have a chance to buy some more even cheaper...the question is do you want to risk anymore on this when management seems not to care about it shareholders or the price of the stock.
Looks like another stinkie pinkie write off at this point.
Good luck to those who do ride it out...
Yipee....looks like there is life!!!
Just about written this off!!
Looks like the resistance will be .017 then .022 then .028
then .035 then .042
Almost back to even....where do you guys think this will go??
If it keeps going with some momentum and if they get everything updated and if they get some good press releases?
blah....
Short selling and scared hands collapsed it today...
I expect a rally tomorrow.... I don't think short sellers want to be in this over a long weekend...
I would think some of them would want to cover tomorrow and lock in their profits, especially if there is a chance for a big announcement of Bruce Willis. Right now they are gambling it ain't going to happen.
But who would want to take that gamble over a long holiday weekend... If there would be a yes... and we got it over the weekend.... man this thing could gap up huge....