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hrct-bull ~~
Let us put it this way. . .when we, as investors, are encouraged to support HRCT's stock. . .it would be nice to see something be accomplished ahead of time. Particularly when we told family and friends about the "HRCT dream," and suddenly, the dream is on . . .hold? Well, anyway. . .I submitted a few ideas to HRCT (along with more questions). I actually asked them not to feel like they needed to respond. I am hoping, that in the next few months, we'll see some type of revenues on HRCT's balance sheet. It sure doesn't look like there is much to talk about in HRCTLand. I'll think I'll just lurk. Perhaps someone will come up with an "answer" to recent events, that will appease the concerns of the longs. LOL! Not.
Peace,
M&M Man
EZ ~~
Thanks for pulling me back in line. I trust David because he speaks his mind. My message wasn't necessarily aimed at him. I know he's a concerned investor, as we all are. Like I posted to HRCT-Bull. . .I'm going to send some ideas to HRCT. At least. . .some things that I (and several other shareholders) have voiced opinions on. It will certainly be a straight forward deliverance. While I continue to focus on "solutions" for HRCT's challenges. . .I will not go out there and profess to have them (solutions). There simply are no answers, only further questions. Nonetheless, there are a few things that need changing (with HRCT) rather soon. I'll submit my ideas right to HRCT to see if they can answer some key questions. I'm also going to provide them with further questions. Not to believe that I'll ever hear an answer, but to at least stir some imagination. If you all are not confused. . .believe me, I am!
Peace,
M&M Man
hrct-bull ~~
I am sending some recommendations to HRCT. I'm not sure whether they will listen, but I am sending some recommendations. I have another individual who is the former VP of a major company. . .helping to "critique" my offerings. However. . .something tells me most investors have already touched on the majority of my recommendations. Who knows? I'll have my recs reviewed one more time before I send them out.
Peace,
M&M Man
A couple of questions, David. . .
Is it possible that you are making the assumption from the past statements from HRCT that nothing HRCT has stated will ever come to fruition? Is it logicval to believe that all "approximated dates" and "deals" will be done on time? It is certainly tough to answer those two questions. I am with you, not against you, David. However, is there anyone that can prove that what HRCT stated is going to be done. . .won't be done? Answer: No, there isn't. Many of us are not happy with the OTC BB market. We're also not very happy that the "1" thing that may have kept our faith in HRCT . . .did not transpire ON TIME. Now. . .what is "on time?" That is what was "expected" to be done in the first quarter of 01'.
Trust me, David. I am not happy about that. But after reviewing the past press releases and information stemming from the company, no public information was released that assured shareholders the IPO would occur in the 1st quarter. If anyone can post differently, let me know. HOWEVER ~~ I know for a fact that several of the longs sent messages to HRCT that NOT delivering the IPO of SA during the first quarter, could lead to HRCT's demise. Well. . .we're holding around 50 cents ps. Certainly no demise. Does everyone understand that Bill Clinton never "inhaled"?
Peace,
M&M Man
George and Kato. . .
My understanding was (in the last interview with Tom Bustamante and Shane Rodgers) it has been called off. Apparently there was a lot of dirty water on the other side. Shane stated he already had enough dirty water to go through to get CHAG where it's at now. . .and didn't wish to repeat that burdensome process. At any rate. . .
CHAG will benefit from just creating a higher and higher revenue stream. Getting the Kansas property in full operation, is a must. Working on profits from Kansas and applying them to the Glass Mountain project will work for CHAG, towards the end of the year. This thing appears to be on the right track (not necessarily the right index). With time, and earnings, getting listed on the AMEX or the NYSE should not be a problem (provided estimates from the properties come to fruition).
Keep the faith,
M&M Man
Hi George. . .
I have some old clothes I can take (plenty of them). Plenty of old working gloves and a couple helmets (bicycle)that should get me through. I would think CHAG's workforce/supervisors will have some headgear ~~ if it is needed. We'll see what happens when Bill gets back with me. Believe me. . .I'm not afraid to get my hands dirty. I use to run a printing press for Moore Business Forms. Talk about dirty hands (ink)! Also very familiar with solvents, and chemistry due to my academic background ~~ and work experience. It will be interesting to learn more about geographical studies to determine potential for oil/natural gas.
Will keep you all posted. . .and post some pictures when it is all said and done.
Peace,
M&M Man
► DD Info for CHAG!
Chancellor Group, Inc.
Chancellor Group is an exciting emerging energy and natural resources company. The company’s business is to acquire, explore, and develop natural resource properties. Our emphasis is on assets that can generate substantial cashflows and fast payouts and superior rates of return. The company has significant volumes of equity capital available to it in order to take advantage of some exceptionally attractive investment opportunities, particularly in the U.S. energy sector.
Business Plan
http://www.chancellorgroupinc.com/CHAG_Business_Plan.PDF
Assets
http://www.chancellorgroupinc.com/assets.htm
WEB SITE
http://www.chancellorgroupinc.com
SHARES
Chancellor Group, Inc. currently has approximately 28 million shares of primary common stock issued and outstanding, and 36 million shares fully diluted. (3/21/2001)
RECENT NEWS
4/18: Chancellor Group Forecasts Annual Revenues of $58 Million From Kansas Oil And Gas Field
http://biz.yahoo.com/prnews/010418/law073.html
4/13: CHANCELLOR GROUP INC/Annual Report (SEC form 10KSB)
http://biz.yahoo.com/e/010413/chag.ob.html
4/10: Chancellor Group Announces $5,000,000 Equity Financing Agreement
http://biz.yahoo.com/prnews/010410/latu072.html
4/6: Chancellor Group Begins Oil Production at Kansas Field
http://biz.yahoo.com/prnews/010406/laf025_2.html
3/26: Chancellor Group Set to Begin Production at Kansas Oil and Gas Field
http://biz.yahoo.com/prnews/010326/lam067.html
3/21: Oil and Gas Company Chancellor Group, Inc. Announces Kansas Ready for Production
http://biz.yahoo.com/prnews/010321/law056.html
3/20: Oil and Gas Company Chancellor Group, Inc. Announces Financing
http://biz.yahoo.com/prnews/010320/latu098.html
3/02: Chancellor Group, Inc Announces Shinkle Field -- Kansas -- Update
http://biz.yahoo.com/bw/010302/2044_2.html
2/23: Chancellor Group, Inc. Natural Gas Projections Increase for Kansas Oil & Gas Property
http://biz.yahoo.com/bw/010223/2165.html
2/22: Chancellor Group, Inc. Discusses Production Plans for Their Kansas Oil & Natural Gas Property
http://biz.yahoo.com/bw/010222/2404_2.html
2/20: Chancellor Group, Inc. Announces Start of Production at its Kansas Oil & Gas Property
http://biz.yahoo.com/bw/010220/ma_chancellor_group.html
1/08: Chancellor Group Completes Acquisition of Kansas Oil Field
http://biz.yahoo.com/prnews/010108/nv_chag_ac.html
~~~~~~~~~~
Info posted on the RB site by another investor.
Peace,
M&M Man
Arch ~~
It will be interesting to watch the start of that first infill well. I contacted Bill Stinson today, to try and arrange a meeting between he and a couple of investors. I'll let you all know if I can set a date. Bill was excited at the possibility and thought during the initial drilling of the first infill well. . .some investors could come and see what is taking place. The next couple of months should be very promising. Lets hope this OTC BB will follow the other indices.
Peace,
M&M Man
EZ Cool ~~ anyway, I sure hope that bit on the OTC BB (perhaps just a little biased since it was published by an OTC BB enthusiast) takes, soon. But like the article said, there is some leveling off to do in the broader markets, first. GTW reported today (a loss) which is probably going to help slow things down. But have you been watching MSFT??!!! Wow!
Anyway ~~ It is much easier to be tolerant when one bought in at the 1 to 2 dollar range. I would say that just about everyone that bought the stock during the Long Beach meeting era ~~ and are still holding, aren't too happy. But it was that time period when just about everything that had to do with the Internet and tech shows. . .just reached for the sky. Wow. . .wouldn't it be great if it could have lasted forever?
The market will stabilize. . .but I don't think what happened in 99' and 00' will ever transpire, again. The "tulip-bulb" crisis in France is a perfect example. It took decades before the French markets stabilized (way back in the 1900s LOL!). However, in today's high tech world. . .things seem to compress and events transpire a bit quicker. I do agree, however, with another person's post. . .I don't see any significant gains in the OTC BB for months, yet. But it sure will be good to be in the OTC BB when it does eventually take off (the right industry).
Top topic at the summit will be Trade Relations.
Peace,
M&M Man
David. . .
I think many of us "subscribed" to that one LOL! I wonder if Yuanta is waiting for a recovery in the OTC BB market? Anyone have specifics on that one. TIA.
Peace,
M&M Man
Arch. . .
Thanks for that update. That very last paragraph is very interesting. Also the fact that the Chairman only owns stock in CHAG. . .and no other companies. No wonder he works so hard to get this thing up and running. I'll tell you what, however, if he can deliver. . .and continue with the progress CHAG has made in the past 8 weeks. . .he's going to be worth his true value in stock LOL!
Peace,
M&M Man
68-Shovel. . .
I think you're right. But I'm wondering if HRCT being an OTC BB stock might be part of the problem? I'm not pointing fingers, or placing any blame. But I've often wondered how an OTC BB stock can have a subsidiary that IPOs on the GEM. Would that be a first? Does anyone know? Perhaps that is part of the delay? I just don't know. Interesting to watch, however.
Peace,
M&M Man
EZ ~
That is certainly one of the reasons many people are frustrated. Then again, there are no OTC BB stocks that are doing well ~~ yet. It's certainly a longer time to come around than the other indices. It would be nice to see the market level off a bit. The radical shift in the past week has really turned some heads.
On HRCT: Good information gathering for a good many! Thanks for the info. I also contacted Dr. Phan and had a similar reply as those listed (via email). I do, however, continue to caution HRCT execs to not even mention timelines on events.
On the OTC BB: It will be interesting to see how the SA shares go. At this point, I suppose all we can do is take the "wait and see" approach. Oh well. It's not like I haven't done that for over two years LOL!
Peace,
M&M Man
The interview with Tom Bustamante, was interesting (I checked in late). It would certainly have been more productive if CHAG would have been the topic of conversation. I suppose the individuals involved in the conversations may have worn themselves out on CHAG . . .prior to my arrival. Did anyone get to hear the event? Please inform if anything productive came out of it.
Peace,
M&M Man
You know what? If Yuanta would have moved EXACTLY when HRCT was slated to IPO SA, the timing would have been perfect with the market rebound. Yes, there will be more down days. . .but WHO IS INFORMING HRCT ON THE MARKETS! Or YUANTA?!! No, instead, they will wait until the market is overbought instead of oversold. There is a confidence problem here, somewhere (not with anyone on this board LOL!). Holding off on the SA IPO was a BIG mistake by Yuanta. Now, they will IPO the damned stock when the market is overbought. . .valuation will go down instead of up. . .and we'll face our next round of BS on all the message board sites.
Like I said, "Where is the Michael Jordan for HRCT?"
Peace,
M&M Man
Tinberry ~~ I do not think anyone in their right mind would disagree with that statement. As a shareholder, I certainly don't. But I still feel there is something missing from HRCT's "Dream Team." And that is someone that checks every word of what is written before it goes to the market. And that person needs to be respected by HRCT's execs. Then, cautionary notes can be provided to the execs at HRCT before statements are made that certain things will be done by certain dates. I'm smiling, here. I'm not angry (as many that have never had a round table discussion just will NEVER understand).
Solutions. . .focus on solutions and ideas. Who is missing from HRCT's list of champions? That is what I'm trying to figure out. The gameplan seems swell ~~ but not if Michael Jordan can't make the winning dunk.
Peace,
M&M Man
Lynn~~~~~~~~~~~~~~~~~~~~
Trust me, others have considered that recent addition to SA. I'm just wondering if HRCT is going to become a dead flower before any action is done. I still believe Dr. Phan has/had the best of intentions. However. . .prompt #1 for reason to lock up the hatches was when someone reported that Dr. Phan expected things to get much worse before they get better. Now, of course. . .who is going to continue holding a stock from a company whose Chairman says that (me. . .duh). Of course the stock price will go down on that kind of a statement. Maybe it could have been phrased (more appropriately) that the 10KSB is not going to reveal the true "deals" behind the present condition of HRCT? I just don't know. But when someone sets the market up to go down, I'm ready to say. . .hey, 70 cents now. . .45 cents tomorrow. Sell and double my position (if the company is worth it ~~ and I still have an inkling that HRCT is). Anyway. . .sure wish the notice would have come at 20 dollars per share.
Okay. . .enough of this. I'd just like to see more people focusing on "solutions" rather than the "problems." Can you all not see that that is what this person is doing???!!!! What are HRCT's options!???
Peace,
M&M Man
EZ and Tinberry ~~
See what you think about this:
I was wondering if HRCT would be willing to do a live interview/talk show with a reporter. Here's an example (not spamming ~~ but I don't know how else to explain it):
"LIVE Online Call In Show w/XXXX today at...
4pm EST at >> http://talkradio.lycos.com/talkradio/lycos/showguide/sg_home.asp?ch=4
If you have a mic you can call in & ask XXX any questions you may have. Tell others on other boards to attend!"
The message was sent out by a reporter named "Tom" from ~~ wallstreetnewscast
I really believe HRCT needs to step up their marketing/investor awareness program. They also need to avoid putting dates and timelines out to the market. THAT is what has really hit them hard. I said it before, and I will say it again. WHEN A COMPANY PUTS A DEADLINE FOR ATTAINMENT OF AN OBJECTIVE OUT TO THE MARKET. . .THEY HAD BETTER DELIVER! Okay, my philosophy in management/business was to have a deadline and then add 6 months to it (if it's going to be announced). That gives plenty of room for error and usually (not always) things will get done WAY AHEAD OF TIME!
Okay. . .HRCT-BULL ~~ Many of us longs share your frustrations. However, I do not believe the business plan has changed. Timelines were not reached. . .and investors are not happy. But this show is going forward. I will, however, say this much. The next 10KSB had better show some progress. I don't care if the market goes down to "0" ~~ if this company has true to their spit. . .they will make it. They do, however, need a strong cash partner.
I keep bringing that up over and over again. With ET, ETNS, SA, SB. . .and all of these other reported strongholds for HRCT getting in on the deals. . .where is the capital? Why is there any concern over completing things (didn't leadership/management at all levels understand that it takes capital ~~ HUGE capital to build this type of dream?). My biggest "?" is how is everything to be financed? I really thought we had several underwriters that were waiting in line. Can someone please just answer that for me? Where are they now? If I had a firm answer (that wouldn't waiver away in the wind) I'd certainly be enjoying my investment a great deal more.
I do understand that markets change. So does the investment environment. But if capital has been pledged. . .by T Kwok, or whoever. . .there is a time when it is needed. And that time is when the market is weak. I just think that there is a link that is missing in the HRCT managerial team. They have brilliant people all around them. . .but not one of them has pulled off the issue of raising capital. Bad market to blame? No, I don't think it's 100% the market's fault. If I were Steve Chase, Bill Gates. . .or Mary Had a Little Lamb. . .and had cash to support a potential strong vehicle. . .why wouldn't I invest in HRCT? So why are the MAJOR money moguls avoiding this company? ?????????? What is it that is missing from HRCT? Don't give me that market answer. . .I don't buy it. There is BIG money on the sidelines in a BEAR market. And right now would be a GREAT time to find someone who liquidated at the smart point. So where are they? What is HRCT doing to improve their public exposure? The roadshow was not a complete success. Could that money have been used better? Could there have been a different way for HRCT to create awareness? Where are the marketing specialists with HRCT? Does HRCT need someone that specializes in growth and acquisitions?
Some of you managers probably see what is missing. Is it possible that HRCT would be willing to pay for your going to LA to show it to them?!!
Okay. . .just bringing up a few points. But in all reality, there needs to be some changing (AGAIN!) in HRCT's corporate structure. It's time for HRCT execs to put on their boxing gloves and EMPLOY the people they need to FINISH the job. Lord knows they have the experts onboard to have created them. But lets get some major money in this company. That WILL NOT COME from OTC BB stock investors.
BIZTRO: What does HRCT need to do to get some major quid to complete these deals? What is it that they haven't done to get the financing? What is scaring the big money away. Again, I don't believe in the market variable as a determining factor. The market went down. . .bounced. . .just like it always has (historically) but it came back. Money just doesn't "disappear." For each seller there is a buyer. And the most savvy buy at the right time. . .and sell at the right time. More people probably went broke in this market, than got rich. But somebody got rich. HRCT needs to find those individuals and INFORM them of what they have to provide.
Okay. . .just brainstorming. . .
Hope nobody is offended. . .
Peace,
M&M Man
CHAG Interview coming soon:
"LIVE Online Call In Show w/CHAG today at...
4pm EST at >> http://talkradio.lycos.com/talkradio/lycos/showguide/sg_home.asp?ch=4
If you have a mic you can call in & ask CHAG any questions you may have. Tell others on other boards to attend!"
Tom
wallstreetnewscast
~~~~~~~~~~~~~~~~~~
Peace,
M&M Man
George LOL! I think I may borrow that saying and put it on a sign in my backyard LOL!
Anyway, you are 100% correct. It will definitely be best to get permission before trying to gain access to any private property. I'll most certainly contact Zeke before taking any steps LOL!
Peace,
M&M Man
EZ ~~
Just dropping you a line. Like I said, I'm going to get things clear with HRCT, today. I believe what I read into the commentary last night was "selective sorting" based on frustration from not hearing anything on this SA IPO (the IPO that probably kept a good many holding their shares during the last run to two dollars). Anyway, your analysis is "objective" and much more accurate than mine was. I'm just not spending nearly as much time following this company as I did in the past. I stopped watching the company based on having the faith that things were going as planned. Then the market turned downward. . .nothing got delivered (during stated timelines) and debates began to heat up. Keep us posted if you find anything else out. I'll let you know if I dig anything else up on this day. You know what would be nice (and save HRCT a LOT of phone calls) would be for the company to release a PR answering some of the questions that have been submitted to this message board. I think it would be money well spent. In fact, very well spent.
Staying life's course. . .
M&M Man
EagleOne~~
I slept on that one. . .and do believe that you are correct with your statement (at least, that's what I've heard in the past about the 40-day thing). Anyway, I still don't know how this Koffman thing works out (buying and selling shares) with IPOs. Does anyone have verification that they actually have an account with Koffman? Please advise.
TIA
M&M Man
PS: I'm certain things will be clarified by the end of the day. Let me put it that way.
Thanks Andy. . .
I'll get things clarified, tomorrow. I'd like to stew on some issues for the night.
Peace,
M&M Man
Hi Rod. . .
I will touch base with CHAG. If you'd like to go with me to visit the field. . .feel free to contact me at MMayr@aol.com. I hope to go within the next month.
Peace,
M&M Man
Hi Andy. . .
Thanks again. Nonetheless, I'm not real excited from a couple of the answers from Jack. It was my understanding that HRCT shareholders would be able to get the IPO's (pledge, whatever) at the initial price. . . and before they trade on the market. Now, it appears that the shares can only be attained after they have traded for 40 days? Guess what? No deal. I'm not for that one at all. I have seen how ALL IPO stocks work. . .and I can assure everyone, they peak during that initial 30 to 40 day period. I'll be dogged if I'm buying in at the high.
Okay. . .I'm just expressing thoughts. I'm certain the reason that shares have to be purchased after 40 days (this is not good) is to get HRCT shareholders in after the initial rise. Am I missing something here? This is not bolstering my faith. We held our stock for the past two years . . .listening to HRCT say we could get in on "pre-IPO" shares. AT the price of the offering. Now, we have to wait 40 days?
Dr. Phan. . .~~ What in the hell is going on?
Peace,
M&M Man
Andy ~~ Thanks for posting those answers. I have been out of the office for the past few hours ~~ trying to get caught up on the markets, now. Nonetheless. . .great to see you shared those responses. I'll let you all know if there is anything else that I dig up.
Peace,
M&M Man
Okay everyone, lets be careful. I think we all pretty much agree that an "unbiased" site was needed where CHAG shareholders can discuss issues pertaining to the company. I share many of your shared frustrations. But unless we can keep this thread conversing about CHAG, we may run into future problems.
Okay. . .on CHAG. . .I did enjoy the press release today and the radio interview with Tom Bustamante. CHAG is obviously reaching a juncture where more market interest is coming their way. A "cool head" and a "firm stick" will probably do good for CHAG's execs. Now. . .provided they can deliver on those estimates, we should have big smiles on our faces by the end of the year. I sure wish there was something I could do to assist the effort. At this point, I suppose that owning the stock is the best way.
George ~~ Don't worry, been there and done that LOL! Lets keep peace on this message thread and try to stick with the facts. It appears to be working, thus far.
Peace,
M&M Man
EZ ~~
How many message boards can their be on any "one" stock? I hope it doesn't get too crazy. . .trying to find information.
Anyway. . .thanks for the heads up on the post you forwarded to me. You know by now that "0"bull obviously has no credibility.
Okay. . .I did receive a message from Jack Westfield on the questions posted yesterday. I haven't had too much time to hang around here, today. I'll review them ASAP and post them as time permits.
Peace,
M&M Man
Hi George. . .
It all depends on the IR firm (as to what their responsibilities will be). Most of the time they serve some sort of supporting role between management and investors. Sometimes they assist with marketing and getting companies "exposed" to more potential investors (in this case, they'd be "promoting" as well as taking on the mediation between management and investors). Some managers believe that employing an expensive IR company will establish them with powerful connections (typically never transpires that way). Anyway. . .
The people who were complaining about the IR firm were probably more frustrated at the shareprice than they were with the IR firm. Emotions seem to run in conjunction with the market (for investors). So, many investors that don't understand normal market fluctuations will get a little stirred up when things go bad. Myself, I haven't even wondered about CHAG's IR (or potential IR) firm. My belief is that when a good company can produce revenues and their own investors get excited about it. . .regular a regular PR campaign will do the pps just fine. I believe when things settle down with CHAG (after the Kansas property is in full operation) the shareprice will drive itself.
Keeping the faith. . .
M&M Man
PS: Ray posted this on the RB thread (can do some research on all oil fields in Kansas): http://magellan.kgs.ukans.edu/Field/index.html
EZ ~~
Lets hope those forecasted earnings come to fruition. From the sounds of things, it hasn't been an easy road. And I'd be willing to bet it's not going to get easier. However, like I stated to Eloise. . .at least the demand is there. When revenues begin to produce earnings, perhaps the company can work on their marketing strategy. Then again, perhaps the first step should be to get off of this OTC BB.
Keeping the faith. . .
M&M Man
Eloise ~~
The pps of CHAG seems to be riding right along with the rest of the OTC BB stocks. I know Shane was quite frank in his recent interview with Tom Bustamante ~~ about the company's shares being "severely undervalued" (in his opinion). However, until the company actually has "earnings" to report, the shares really aren't undervalued. Not by using traditional methods, anyway. The best thing CHAG can do is exactly what they are doing. Pump oil.
The price of crude oil and natural gas will continue to go up as the energy crisis mounts forward. The increased demand on natural gas (and fuel at the pump) and the cutbacks on production from Saudi Arabia, only lead to one outcome. Increased prices. A cutback on supply with an increase in demand is certainly going to create a market for CHAG (and every other company in the energy sector). Now it is just a matter of those "small steps" many of us have been expressing. As the latest interview went. . .small steps appear to be the strategy.
Also, I'm glad CHAG backed out of the merger with the AMEX listed company (to avoid more chaois). I think that CHAG will be better off getting their properties running. . .and applying for a listing (on their own). The market certainly can't do much more damage to CHAG's pps. Not while revenues are beginning to come out of the company. It's just a matter of that slow burdensome process. ;)
Anway. . .lets hope things go well with the highest producing well. Fifty barrels a day is better than nothing.
Keep the faith!
Peace,
M&M Man
Hi Eloise;) ~~
I just listened to the radio interview, as well. http://www.wallstreetnewscast.net/audios/chag.ram
Very interesting. I didn't figure the volume on those initial wells would be too fantastic. Nonetheless, it's revenue. I'm hoping the price for the drilling of the new wells won't dig too deeply into CHAG's pocket.
Posting on the Ihub site: From time to time the message board gets slow while they "update" and "upgrade" the site. Just to make it clear, this message board has nothing to do with CHAG or CHAG's leadership. It is merely another forum for discussion (preferably by those with expressed interest in the company). At any rate, if problems with posting continue, make sure to contact the site administrator (from the homepage). I'll keep you posted if I find anything out (about delays in posting).
Well. . .need to run and get some yardwork done. Will check back later to see how things are going.
Stay the course;)
Peace,
M&M Man
Thank you George.
I'm hoping all CHAG investors and potential investors, can keep the conversation at the adult level (on this thread). I'm sure that everyone understands the veering from that pathway on other message boards (When in Rome, do as the Romans do;)). Anyway. . .When on the ihub board, lets take a good look at where we are placing our capital. Lets all follow the lead of the diligent investors. . .and follow CHAG's progress. That is what diligence is all about. That is also what humanity and communication are all about. At any rate. . .
Thanks to everyone for keeping the tonality of the conversation at a civil level (on this thread). Lets keep everyone posted on concerns/updates with CHAG. Keep those wings spread wide.
Peace,
M&M Man
Hi Bob ~~ EZ, Arch & Muelhead. . .
I'm just wondering what this stirring debate is about? Perhaps if all Directors and COBs were on the "up-and-up" this conversation wouldn't be taking place. However, I would not be opposed to having "3" officials on each thread. I, for one, can tell you all that it is not easy to officiate a site. And as well, it is not a good idea to eliminate all "negative" opinions on a stock. Particularly OTC BB stocks. However. . .there is a time when "bashing" and "slanderous statements" need to be brought under control. When I monitor the Raging Bull's site. . .it is interesting to see how the slanderous statements are set to go free. It is my observation that ihub was created to avoid this type of activity. Bob, you can correct me if I'm wrong, but aren't we hear to help investors attain quality conversation while doing their diligence? There will always be the concern that someone will become a director on the ihub board. . .and attempt to "pump" a stock. It should be easily sorted. There will probably also be people who are out to "bash" a stock that become directors. However, can I ask you or anyone else what the criteria is to determine who the "objective" directors are? And what credentials is it that make them that way? Is it merely their ability to sort/critique and eliminate that qualify them for positions on the ihub thread? Perhaps it is just trust from fellow investors? And if that is the case, isn't there the possibility of market manipulation?
Okay. . .I'm just trying to add a few points. Feel free to respond to this note or contact me in private.
Peace, everyone. . .
M&M Man
Testing. . .
Still familiarizing myself with this thread (sorry). Will try and catch up on the latest debate.
Peace,
M&M Man
Hi huberjo and MJM ~~
Huberjo ~~ Yes, it does cost money for a PR to the public. The cost is all dependent on how extensive the release is. That is one reason why OTC BB stocks don't do a great deal of reporting (they need to control capital expenses).
MJM ~~ Your inquiry is where we all stand. We'd all like to know how the production of oil is going in Kansas. Eloise is a credible source (from my gathering) and apparently is of the belief that the Kansas property will soon have 5 pumps going. We should hear news, soon. Since I'm a long-term investor, I'm not too concerned. It will take at least 6 months before anything substantial (earnings wise or otherwise) comes out of this company. My opinion, of course. . .but I'd like to give the company the benefit-of-the-doubt. It takes time to start up at CHAG's level. It also takes capital. Lets see what news comes in the next short while.
Peace,
M&M Man
And thanks to everyone for keeping the conversation on this thread, "civil."
Hi Eloise ~~
One thing I can appreciate about Shane Rodgers is that he doesn't put up with the nonsense from bashers. Another thing I am just a tad concerned about is his ability to play the political role from a leadership standpoint. It seems to me that CHAG has a lot going for it. Nonetheless, it is important to be prudent with what is said to the market, and potential investors. On the Raging Bull site. . .it is a circus act. That is why very few of them come over here to discuss concerns. The CHAG Club site should be handled very carefully. Again. . .I state, I do admire Shane for stuffing the bashers mouths. Nonetheless, most people like the "frosting on the cake" approach. (I'm throwing my arms up in the air)
The tactics being employed on other message board sites like the Raging Bull, are not unfamiliar. They take place all the time, with all stock issues. Particularly those listed on the OTC BB. Every-now-and-then. . .it is fun to go see what the ding-a-lings are posting. But . . .there is a time when it is nice to have shareholders and nonshareholders, reach the point of adult debate. That never happens on the RB thread. Never. We knew it was coming. Now it's just a matter of keeping up to date. . .and not getting too involved with the circus.
In the end. . .I suppose we'll all find out whether we've been "duped" by CHAG. For now. . .I can't see any other company with more potential for significant share appreciation. We'll see. I'll keep probing to see if I can find out anything else on the Kansas property.
Keeping the faith. . .
M&M Man
afceast ~~
If anyone had the actual answer it would be entertaining to read. It may have something to do with the way LBJ directed his questions on the Chag Club site. Who knows? It could have something to do with the way he was responded to. Who knows? The market makers may be taking advantage of it all. Who knows? One thing is for certain. . .someone is dumping shares.
What may be a good idea to find out is the volume/production output at the "present" time of the Kansas properties. Then, perhaps the market will begin to buy into the CHAG vision. Myself. . .as an investor in CHAG. . .I'd like to see this OTC BB listing come to an end. We'll see, I suppose;).
Peace,
M&M Man
Mocha and EZ ~~
The 10KSB was not encouraging. I certainly do look forward to HRCT's future potential. However, I base my investment decisions on past performance (of an organization) and always take profits while a stock is on the way up (and even if I'm still ahead while it declines ~~ emergency / market conditions).
Hartcourt is a company I am very happy to have owned stock in. However, I am not seeing follow through on a great deal of HRCT's promises. In fact, I'm seeing a lot of backing off. This is not directed against any "one" individual. I'm just trying to post facts and take the defensive role, here. I am beginning to see a lot of "cheerleading" for HRCT. . .during the down times. And I certainly hope HRCT will eventually benefit from it. But what is going on with Enova? I've held those shares in my account for so long, I'm not even sure whether to believe they will ever trade. That is nobody's fault. I have the shares. But if SA goes the same way, what is this all about? There are very deep issues and concerns that need to be put to rest.
How will IPO shares provided to HRCT shareholders be done?
What are the tax ramifications?
How do overseas allocations of IPO shares take effect?
What are the commissions/fees for trading IPO shares on the GEM or the HK mainboard?
Why do HRCT longs wish to deal with the potentials of concerns with overseas trading if they can place their capital, elsewhere? (yes, I am aware of the risks. . .but where are the outcomes?)
How can HRCT succeed without finding someone to come up with major capital? (not OTC BB money flow, I can assure you all of that)
I'm just focusing on the "other side of the coin," so to speak. I'm certain most of you longs have taken a look at that side of the coin. I'm not being mean. . .nor degrading anyone. I'm just saying. . ."Show me something, please." There are many quoted "longs" that need a little confirmation of past statements. And lastly. . .
"Where are our Chinese supporters?" If SA is predicted and published to be such a great company. . .why is there any delay in the IPO? Again. . .I'm just being blunt. I'm sure that will be understood by the longs with similar concerns. Those without the concerns. . .scare me.
Peace,
M&M Man
Ray. . .
What does that have to do with this message thread? Lets keep the topic to CHAG. Thanks.
Peace,
M&M Man