Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
why dont you just ask DK? I am sure he will answer.
lol - nahhh couldnt be the PIPE!!! it's definitely due another unfounded buyout conpsiracy/dot.
well isnt that convenient...just more shadiness from our esteemed management.
none of these are open market purchases
the market does NOT move based on what is said here daily...if you believe that, i am just a few short blocks away from a beautiful bridge here in nyc that i have for sale
ps the only time i ever saw the market move based on this board was when markgovols and ruby were P&D'ing.
its a public message board...the ignore button works great.
my new sig block should be:
The Ignore Button: because complaining about reading other people's posts is like banging your head on the wall and then complaining it hurts.
yeah seriously...everything is great. we are trading at 17 cents...nothing to see here folks...move along.
reality check for those who have been dulled by the slow bleed:
WE ARE TRADING AT .175 after drilling 5 wells.
2IRA's - i respect your posts but raising money is not rocket science. you do it at opportune times and not near the lows. and if there are not opportune times, you simply wait. you dont just raise 2mm to raise 2mm.
also, most here simply want to wait out the JDZ and EEZ and absolutely dont want dilution for shady projects....so cutting expenses and shelfing any secondary is the way to go.
finally, they are trying to raise 50mm. That is small beans in the oil industry and any (if any) revenue earned from a project will not even come close to the price per share dilution that you and i will be subject too because of it.
i get so disgusted when i read these promo pieces he puts out...most of the time, i feel like im reading an email from a nigerian prince offering me 10mm for my bank account number.
krom - short interest #s are a snapshot. they dont capture shorts that are closed out. ie shorting and then covering with the secondary shares. strategyone is one of the more legit posters on here...so i believe him.
Hedge funds bought the secondary. Seo would have had to disclose the increase by now if it was him.
Umm a few of us called that....it's a pretty common strategy to make easy money off of dumb management teams. Nothing beats risk free, double-digit returns.
meanwhile the SP is below .20. has management done anything to change this for the positive? the only things i see them doing is missing more deadlines and diluting long-term, loyal shareholders near all time lows....hiring and firing, spending money on god knows what.
people arent just pulling sh*t out of nowhwere. are you really ok with all of this????
i received a response from Dan (yes he does read IHUB as he specifically mentioned the post I am responding to)...he said he had some email issues and a bunch didn't make it out. Anyway, his answer re: SH:
I don’t know anything about Strand Hanson’s client lists. To my knowledge, there has been no change in NOMAD.
why is he answering mail from today that doesnt relate to SH??? If there is one thing that I do appreciate about Dan, it's that he replies fairly quickly (no matter how much he obfusicates things). I too sent him an email about SH and he has not responded which is unlike him.
maybe there's a simple explanation...but it is odd.
it's pretty comical how much you truly don't get it...
i take it common sense and logic are not your strong suit?
lol - you are so predictable...
what about HDY? they have real management and no wells yet they have a higher market cap than us? or maybe this is like your JMC ministers conspiracy theory. oh yeah, nothing came about of that either.
haha
here is my symbol based on my feelings toward management and what i'd like to say to PN:
GFY
on second thought, it seems as dk and management have the same sentiment towards us shareholders so its a perfect fit!
psychic i tell ya! (some refer to it is as logical)...thanks hp
read strat1's post...they were sold to hedge funds.
what did they approve at the last however many previous meetings they were involved in?? again, its a non-event. but im sure once nothing comes about, you will move on to the next made-up scenario.
shhh homeport...please stop with the facts.
of course...
seek - would like to hear your thoughts on strategyone's posts...you, amj and BB were the biggest proponents of the PP being a "favor".
yeah totally get that...my point is that it was basically done with investors who offer nothing for us except very expensive equity financing...regardless of the size.
thanks strategy - as i suspected regarding no conspiracies and the shorting. and while i know the sec rules 13D/G, alot of companies will ask the investors if they can disclose them in their PR (ie HDY/blackrock)....really appreciate the info though.
amj23 Share Friday, December 03, 2010 9:53:32 AM
Re: manuel06 post# 230123 Post # of 230127
positives
not raising money
no aim adr
gralla, overpaid. gone
just more confirmation of no growth.
lets see the next move by total and the jda. most important.
dont be so sure about that. that PR makes it sound like more is coming and that's not good.
sorry but it has absolutely nothing to do with a buyout...no buyout until at least phase 2.
im not sure how it could get worse...
nothing in terms of the jdz....nothing we didnt know about the eez...signal to more dilution...patting themselves on the back for the first round of dilution and trying to justify that pathetic decision...missed yet another deadline with the AIM due to their "extensive" background...LMFAO...oh wait, not laughing. quite infuriated actually.
these guys are officially a joke (if that hadn't been established beforehand)...literally....completely dumb with zero business-acumen.
ps of course you're chop-shop bankers are going to tell you to raise money...they are paid in fees!! if they had real, quality bankers, they wouldve told them that they were raising some of the most expensive equity possible.
pps nice work on the AIM deadlines as well. haahaha
ppps once again, zero accomplishments.
we lost almost 9 figures in market cap to raise 7 figures... thats what i look at. and what do we have to show for that 2mm? i am all for dilution when it is done wisely and whatever that money is used for creates value...
you're ok with raising money near all time lows??? and what is a few more million bucks going to get them?
what exactly did your top-tier biz school teach you? i know you're better than that...sometimes i think you just like to play devil's advocate as i cant imagine anyone thinking its a wise move to raise money with shares at the lows.
god i hope this doesnt have to do with another secondary...
is it correct that our last update was 9/21? If so, we are due to hear from them soon about all the things they are GOING to do.
i dont think the lack of a buyout has anything to do with the alphabet gang. drilling results were poor and no one is going to pay what offor wants for "potential". phase 1 potential doesnt mean squat for a buyer. they need real, proven assets to meet what im guessing is offor's high price and that can't happen until at least phase 2...if that is even successful. the likely suitors (SNP, Total) will absolutely not chase this as the JDZ is just a blip on their radars and they have plenty of other fish to fry for the time-being. they can bide their time and wait to see a few years down the road how things pan out.
start at msg #225353 and go back. my original msg was that erhe would still be around by year end and by year end of next year. you said you disagreed and that we would be gone by the end of this year.
100% agree. We are nowhere near a buyout. Not even close. Maybe after phase 2 drilling (unfortunately)