And what does "XX Chromes is still being evaluated" mean? It's already finished production, right, and we are all bought in to it already?

Sheesh.

So, what I can deduce from those answers, compared to the original promises...

We have no revenue from the airings thus far, Setanta or Asia - and Asia is now on hold, which means absolutely nothing. No revenue, no purchasing of shares to help the share price and get them in favorable hands.

Who knows about Comcast, but so far the promised airings have not produced positive revenue. So, how can anyone be positive, even best case scenario?

4ever, I think most of these guys have a lot invested in this company...ergo...the fear of even discussion or examining the possibility that there could ever be problems with a sub-penny investment they have a lot of money tied up in.

On a positive note, I am glad for some explanation about the Southern Mining Co, FWIW. That was one of the more odd turn of events even for this company...lol.

I remember how well the sampling worked for the previous property that was supposed to come back so strong and make everyone rich. Didn't even make it through the permitting process.

To be fair, this does explain a few things, although there is nothing specific (again) about any projects or anything they are actually doing. I guess we'll have to continue waiting and wondering about specifics. Maybe someday, Clayton will actually make something specific happen here, other than moving around a lot, and talking about claims and future projects.

I am not versed enough in these matters to give any qualified response. Hopefully, some of the more experienced balance sheet readers can shed some light on these. Pagnano said to expect news about the Comcast deal around the same time as the filings, so maybe we'll see something on that soon, FWIW.

No problem on the other situation, ofnobledescent. Most of us have flared up when posting about this stock...have to blow of steam somehow...ha. Glad to have your perspective on things.

For what we've grown accustomed to here, that's moving up a LOT...lol. A nickel is pretty encouraging, wonder why?

Why don't you ease off a little bit? I understand being unhappy with this stock and Pagnano, but most everyone here is realistic about things. I have no idea if this will air this fall on Comcast or not - we're talking about a listing on the Comcast fall schedule that shows it there, so that's probably a fair indicator that it might. Nobody is making any brash or silly predictions here, most are just hoping for scraps - and this is a legitimate scrap - one that doesn't come from Pagnano at all.

Very little humble in most of your posts - IMHO.

Exactly correct - you can say anything you like on the phone, keeps you from specifics, being held to comments (i.e. I never said that, you misinterpreted that, fast talkers can control a discussion, etc.).

But PRs and e-mails, those can be retained and referenced. The saddest thing of all about requesting over and over again for people to call this person is, do we really want a supposed CEO of multiple companies to be answering investor phone calls all the time? Let's just say the guy was really working on something to better the company, or dealing with a lot of important things every day...what CEO wants his phone to ring all the time to answer incessant penny stock investor questions? He wouldn't, if he actually had a lot to do. It's a joke.

Quite simply, the project is on hold - in my opinion - because the estimates that originally were made by the landowner (who was also the geologist estimating the gold) were evidently not accepted by the BLM who then sent out their own geologist to do the work on the project/land. At that time, it was reported that the permitting process was much more involved than previously thought, and would take more time. This has been a looong time ago. Then, we get word the company has a new evaluation process for projects, and they are re-evaluating that project to see if it meets the new criteria for Drake Gold project management.

In short, in my opinion, the original estimates were not only suspect because of who was doing them, or completely bogus to begin with. That's an opinion that makes at least as much sense as the information Clayton has PR'd. After time elapsed, then we get word of the new oil and gas company and a dividend to shareholders. Anyone gotten a dividend yet? Any projects by that company announced yet? Remember the oil well/drilling company project they were singing the praises of last year? What happened to that? I could go on and on about promises and PRs from Clayton (who we are told to call for information, of course) that have resulted in absolutely nothing.

Now if anyone cares to discuss reality, be my guest. Otherwise, let's realize what this company has actually done, and what calling Clayton would actually produce for anyone looking for real answers.

What's frustrating is that most - if not all - here are shareholders, and we should all share a vested interest in the activities and performance of the company. Dealing with problems and negative issues are usually the best way to affect positive change and to help everyone make money - unless you are behind a stock for less virtuous pursuits.

Not hard to tell the difference, really.

I'll tell you one thing I would certainly do better. I would certainly put out a PR, or better yet, multiple PRs, that highlight the info that was posted on this board today. It's ridiculous that people have to find out this show is going to air on Comcast by someone stumbling across a fall programming listing of it.

Three major concerns of this company are: a U.S. contract, an impending R/S, and stock buyback with any revenues that might come in. All things he has mentioned previously and we had hoped would be dealt with positively. And we find out this positive info (or possible info) from a posting board.

Nice work, for a company that is currently flatlined and is desparate for some positivity.

I don't have to give the guy a break, although I've given him many. I give credit where it is due, and look realistically at the negatives regarding his conduct, promises, and deliveries. Unlike you, who scream about everything being rosy and positive, when clearly it isn't always. Maybe if you showed some objectivity, you might gain some more positivity in return.

I don't know how hard he is trying, and what I would do is a rather pointless exercise, since this isn't my business and I have no idea what could be done differently on a day to day scenario. If you can somehow present to me anything showing that he has done a good job with this, considering the performance of the company and the stock price - which is all I have to gain or lose here - then go for it. If there is anything really good or positive as far as revenues go, or future revenues, we certainly have heard NOTHING about it, and we have NOTHING to show for the airings he's apparently accomplished.

There is plenty negative to examine, not the least of which is the bottom line stock price. So please lay off the sad-boy imagery, and deal with reality. Maybe something good will still come of this, and I surely hope it does. But reality is what will make it happen, not just hope and deflection of negatives.

What happened to the investor relations rapper that we brought on board? Do we need more PR guys without anything to PR? Ridiculous.

I agree with you on all counts, but I have to say I am extremely disappointed with the share price, all things considered. Hard to stay positive at these levels, and two more cents today. Need something to hold on to, seriously.

Thanks, Martin. Sounds promising, FWIW. I like the idea of the share buyback, and no R/S. Those are really the two keys to me ever making any money back here. Have always thought the product was worthy of something, just never understood why it was done in the first place if not to air eventually.

Will just have to see what pans out. Who knows what is reality and what is BS here.

Please enlighten us with your assessment of the problems in the SB-2 and S-8. Plenty of folks here understand the technology and what it takes to grow a REAL business...seems to fall in line with aggressive, sensible approach to growth.

Completely understand - and you can probably appreciate why I didn't mention this previously. The thing is, I have no idea what this could even mean in the big picture to a possible share price without another R/S to help that along, which would AGAIN kill me. I asked Pags about the ongoing selloff by that company in the quest of the $200K payment, and got no response. If they are going to continue this - if they need to - then I don't anticipate much positive even with the airings on Comcast.

I just really fear a reverse split preceding the airings, which would be a tidy PR/package for him and again shaft shareholders to "make things better."

If only that worked both ways on this board, that might have some credibility. But credibility has never been a prerequisite for posting on this particular board.

I wasn't going to post the Comcast deal - which I was told about - until I saw something specific in a PR or elsewhere. Now that it's on the September schedule, I guess I can at least verify I was told of the Comcast contract coming up. At this point, I don't want to promote anything until I feel good about it.

So, needless to say, I am excited about this show finally making it to U.S. cable, if it happens. Could pave the way for something positive, although I have no idea about the ongoing selloff of shares by the company trying to get paid.

And still expecting an R/S, but hoping not.

The thought strikes me that if we could get all of the posters on this board together for a couple of days, something really impressive could come from it. I am continually impressed with the gathered intelligence here, and comforted by the fact that some really smart people looked at this the same way I did, and even more so, the way I do now.

Thanks for helping me in my investing endeavors, all. I've learned a lot from this board.

Now, back to the arguin'...ha.

Thanks a lot for the summary. Exactly what I was looking for. All that, and all those expenditures for stock rewards for the big dog(s), with what to show for it?

Truly disturbing, IMO. Very happy to only be holding what I still have, and too late to do much about that to make it worthwhile. Will just keep those shares as a hobby, I guess...ha.

I'm very calm...have been here for a very long time. Anything wrong with doing some due diligence on an investment? Or does one have to only "chill" when the news is not what one would hope?

Actually, someone else presented me with that info...there are people who are realistic and knowledgeable about this company that rarely post here. Thanks to him for the eye opener. Would assume people would want the whole story about news released when it comes to an investment.

For the gurus: what does $750K in remaining funds mean as far as general operating revenue moving forward? Will that last for a month or two without any other infusion? Even if you do get excited about the new news, the timing of that release combined with the vagaries and SEC concerns is suspicious to me.

Still can't get overly excited without some specific $$ info.

Why can't there ever be any $$ info attached to any of these PRs? Any ideas? Sounds good, but who the heck knows?

Not surprisingly, not much to say about this new company that Drake is forming a "partnership" with. Let me help the brothers out on this one...what do you make of Clayton making a big deal about the new connection with the Southern Mining Company? Let's consider who makes up this "company", and what that might mean to Drake shareholders.

Presenting the officers of this "company" which filed as a "business" in the state of Georgia on June 25, 2007:

Title: CEO
Name: CLAYTON SMITH
Address: 2870 NE HOGAN E237
Gresham OR 97030

Title: CFO
Name: JOHN MARCONETTE
Address: 2870 NE HOGAN E237
Gresham OR 97030

Title: Secretary
Name: JAN YARRINGTON
Address: 2870 NE HOGAN E237
Gresham OR 97030

Interesting that Clayton is singing the praises of the partnership with um...himself.

Does this bother anyone? Anyone care to speak on this with any kind of honesty, or truthfulness? Did anyone even know this? I know exactly what I make of it, and understand the ongoing pattern with this person.

Breathlessly waiting to hear some ideas from the faithful...

You have to have some information released that makes financial sense for people to drive a share price up. None here...not an unexpected pullback in my estimation. The PRs were more of the same, which bumped things up a bit - expected return to levels being experienced now.

And what have you found on the company Drake has forged a new partnership with? Surprisingly new company, formed by a surprising group of individuals, yes?

I agree about the lack of details regarding any revenues from those deals. We were certainly promised those. I will say, again, that I did find network listings on the Setanta Cable netword for the golf show, and they did match the timeframe that they supposedly happened. I never dug for more, but should have.

I'm merely speaking from my own due diligence on the company and the airings of the show - which are all we have to go on, really.

Far be it from me to sing any praises about this company or Pagnano, but he has held pretty true on network contracts in other countries - although the info on those has been hard to come by, and there has been no way for the share price to move up from those due to share issuance and sell offs by other shareholding interests - at least.

No idea how it can move until the 200K worth of shares (or whatever the deal is) are completely sold off, and at these prices, that could take a long time. Trying to get info on that, by the way...the numbers involved.

Paulness, any realist (including most posters here who formerly were proponents of this company) knows why the gloom and doom scenario makes more sense. The share price alone after all this time says the only thing anyone needs to say...it's way down, and rightfully so. At the end of the day, that's all you have. Hope in one hand and a drastically depressed share price for your investment.

Yeah, they are again going to a conference and they are winning a scientific award. How many times have we seen these things already, and how much revenue or success has occurred because of those things? How many patents have actually come through in the past few years? Resulting in how many sales and an actual business?

Because that is the reality of where we sit. No management to speak of. Dwindling staff numbers. A worrisome financial outlook. All that is the reality, and a couple here continue to say everything is fine, we have hope, our time is near.

I'm glad I've sold of 75% of my holdings when the price was considerably higher than it is now. Lower than when I bought in, but higher than had I held. Can always buy back in if they actually DO anything. And I might. But facts are facts, and the share price is where it should be, IMO.

I wouldn't hold my breath waiting for that. The previous PR already opened the door for those to never materialize due to the new ratings process for projects.

OT- Holycow, where are you staying in Hawaii? We are booking a trip for March in Maui - nice condo, doing some fun things.

Very good point. If you take the PRs at face value, they actually say nothing specific other than they are moving forward, planning to do this and that, positioning for the future, etc. Clayton is very good at sustaining interest through PRs just like this one, I'll give him that.

Until you see something specific about a permit and mining operations beginning, there is nothing to get that excited about. I guess if you want to hitch your wagon to the gas company, that's something else. But we've seen what these spin-offs usually do here. They usually spin off into neverland.

I don't deny the possibility of the share price going down further. I do understand the need to raise capital to purchase the company that provides them the opportunity to be a full service company in this field, and one that just generated $1.5 million in sales.

My point was in reference to your comment about the fluffy PR, considering your assessment of news with some other companies, not about what the share price might do in the near term.

Shotty at best? The news from THIS company? Man, you need to do some serious thinking about what is actual news and what is not - considering a stock or two that you sing the praises of every day...lol. This PR tells exactly why this company is now well-positioned to offer a wide array of tools for major tire companies and road-travel based companies, among others. They actually have some products, unlike some other investments that come to mind.

I don't think this rating had anything to do with anything illegal or fraudulent from the company perspective, but there was a spam campaign that went on from - according to Clayton - outside the company. I'd guess that's what spurred on this rating.

Quite simply, the published word, or e-mails, are things that can be referenced and held to a standard. The spoken word can avoid all of that, and can be more easily manipulated - and later denied.

Thus...the eternal desire for the hopefuls to tell others to Clayton, and for him to want to talk to people on the phone, and to avoid the former style of communication.

It's the way it's always been with Clayton, and with this morphing company. Initially, he was happy to exchange e-mails with info. As time went on, this became an obvious issue, and the "call" idea took over.

Not only that, it's much easier for the investors who are heavily invested in the company to hint about things they've heard, rumors, those back burner conversations that always make things sound SO promising, without ever really containing anything verifiable.

Stop and think about it. Wouldn't you rather a person in charge of running a company be doing just that and not answering 20 penny stock investor phone calls a day? How professional is that in the real world of business? Someone who is always available to take a phone call from anyone is not my idea of someone who is really busy doing a lot of work and business for a company, IMO.

What I like from the PR:

"This contract is for Pneu-Logic inspection tools alone. We are pursuing also several other areas with Michelin to include our tire tags and our new low cost reader.

Dan Finch, president of Advanced ID, says, "Our acquisition of Pneu-Logic continues to help Advanced ID's position in the tire management industry. Working together with the best resellers in the business and an integrated product line that meets the emerging demands of this industry, we are seeing significant new revenue opportunities throughout the world. This contract is an important example of how a small but emerging company like Advanced ID can form business partnerships that make the company's tire management products available in virtually any country. When we sell the Pneu-Logic Tools to a customer, we have a new, built-in customer for RFID products. We will certainly take advantage of the opportunity to sell a combined product.

"Similar to our contract with Goodyear Dunlop, our tire inspection tools are not a household name, but are still a critical part of the tire manufacturers overall tire management system and the demand for their systems is increasing as tires become more expensive and fuel costs continue to escalate."

Yeah...the assessment of "Dummy Dan" sure seems to have painted the labeler in a similar way, eh? Very good news. Purchasing a company prior to gaining a contract like this is a job well done. And now the follow up with other products and services? Pretty smart, if you ask me. And that is just one tire company. The Finch/Michelin combonation when first reported seemed like a good one to me. Now we start to see why.