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"All we need to keep in mind is that at max RS, there aren't enough AS available to satisfy the terms of the settlement. We're going up before the RS for sure." = you said on August 5.
How did that pan out?
I'm not the one who lost my shirt here. Just warning others about your terrible history of predictions.
I'm not the one who lost my shirt here. Just warning others about your terrible history of predictions.
"I think you're going to be surprised at just how high the PPS reaches. Huge run coming here next week IMO." = July 26
Oh, really? And added to your collection is the post where you said once the 'D' comes off the ticker, news is coming.
As I've said, you've been wrong about this since June and I feel bad for those who followed your predictions.
"Either way it's a run your gonna miss out on.. Even if you sold only half of your shares.. Lmao. More money YOU lost out on. Boy I'm excited lol"
THat's what you said in this post. I don't read anything about this being a huge risk in your post.
As I said, it was presented by some as other than a lotto play.
This was all too predictable for experienced traders - those who have been around the block.
Truth hurts, I guess.
It was not presented as a lotto play by some of the "longs" (that's a gentle way of putting it). Go back and read the posts. It was presented by some as a sure thing.
And they know who they are.
I feel bad for the lemmings who followed the wrong people over the cliff.
What happened to all the longs? As I said, they would run away and hide with their tails between their legs when they were proven wrong.
Your resident heroes who had been telling you this would rocket up to .20 and higher should be flogged for sucking the gullible in to this stock.
As is typical, those who posted over and over "news coming any day now" have left the board after posting here day after day. No sympathy for them. All they have now is massive losses.
www.rainchief.com provides some info on the other party of the proposed farm-in deal.
My sentiments exactly.
Here's an overview of a farm-in for those of you who aren't roughnecks.
http://www.2b1stconsulting.com/farm-in-agreement/
Moynes is the president of both companies in the proposed JV (farmor and farmee)
gulp
8-k out - farm-in JV proposed
Wow - nice post. Would be nice if you re-posted it periodically for those who don't see it tonight.
Mooolah! New faces here, and this is just a preview of coming attractions as we get closer to the holidays.
Monthly high!
Custard didn't listen to the warnings either. Which is why the Indians pinned his ears on his dead carcass.
Vultures swooping.
I commend you for your honesty. There are some on this board who really should be flogged for their behavior - in particular, trying to run off people who were sounding the alarm way back in June.
No sympathies for them.
Most of the longs have left the board. Just as I predicted - they left with their tail between their legs.
They could not have been more wrong about this and now their wives will give them a beatdown when they see their monthly brokerage statement.
I have to say that the first few seconds I saw the July 30th shareholder video, my first thought was that Benny looked like he slimmed down and looked a lot healthier as compared to his video from last December.
Maybe it was that platter of fruit.
No need to apologize. If it's fake, they can go after the spoofer and that will be the end of it.
Dude - I'm long here. Get your accusations straight.
I'm not saying it's real or fake. Re-read if you need to.
Great - then they can complain to Facebook.
In the FB URL browser for that account, it says Jenna McClure. Was that her maiden name? If so, then the person who created it really went to amazing lengths to spoof this account.
Uhhh, this was first mentioned by one of the more dedicated posters here. Not some basher.
There are objective longs, and then there are "blind" longs. Guess which ones end up getting burned?
Well, something sure as hell isn't right if they just bought a luxury house a few days after Benny said in the shareholder video how tight they were with money! Remember he said his wife drives an old car?
Hard to keep secrets these days with all the social media accounts. I hope for shareholders sake there's some explanation to all this - or that some dbag created a fake account.
That house is nicer than an older brothers of mine, and he's a top exec for a Fortune 100 company.
I really hope that isn't their house - or her FB account. But if it is a fake FB account, the creator sure went to great lengths to create it.
You gonna tell me someone has been meticulously running a fake Jenna Powell FB account for years? It goes back to 2011. She may have two FB accounts.
If the FB account is real, they have a lot of explaining to do since Benny painted the picture in the July 30 company video of them living on a shoestring.
If the FB account is a fake, then the person who created it could have created some serious trouble for themselves.
oilbore - I've found your constant defense of this company and their tactics suspicious.
Then I remembered that last May 27th, flyersfan duly noted that you accurately predicted an announcement was coming that day. You never answered his question as to how you knew that.
Like I said, your defense of their b.s. is quite suspicious added to the fact that you are on record as somehow accurately predicting an announcement 1 day in advance.
post# 10353
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102533628
Ah yes, just another 36% dump today and right at the close.
The lack of a renewed drill permit has nothing to do with FRMC? Say what?
Had they renewed their drill permit as they said they would in their 8-K statement, the share price probably wouldn't be lower than what was the pre-split share price.
Headed back to double barrels soon (.00s) it appears.
What? It's only down 54%. And it is currently less than 1/2 the value of the pre-split .0001.
I feel really bad for those who listened to you all summer. But they have to learn sooner or later.
Based on the sequence of events, one could argue the July 10 8-K was an attempt to try to keep shareholders in this through the RS by saying they would re-file their drill permit at the time the original drill permit expired. That didn't happen.
Just a coincidence that the RS was scheduled to take place right when the former drill permit was to expire? You can be the judge of that.
But not re-filing for another permit as noted in the July 10 8-K is really pushing things too far.
Unfortunately, the SEC only seems to care about going after big insider trading whales on Wall Street, but in my opinion this one would be worthy of a serious investigation.
No short sellers? You can't be serious.
Bid and ask keep dropping. This will be in double 00s soon at this pace and that's AFTER the 10:1 RS.
As for the July 10 8-K, these guys better re-file their drill permit and quick. You can b.s. a press release and hide behind the safe harbor statement. But you are playing with fire if you b.s. an 8-K.
The did not re-file to drill when the prior permit expired like the 8-K said they would, so these guys are asking for regulatory trouble.
Don't let them chase you off. In actuality, the ones who were made fools here have already been proven wrong with their nonstop claims that this would be .10 - .20 pre-split.
I would think that after all that was proven to be b.s., they would stop making fools of themselves.
Notice how many of the longs have disappeared in the past week. Slowly, they secretly have realized that they were wrong about this.
When there is no reverse merger news after the 'D' is dropped, others will quietly leave with their tails between their legs as well.
Good one. I was wondering what happened to that guy. Disappeared after the Spring.
Initially, I thought this would be a poor sector to try to pull a scam since you would have to get a state government to approve oil permits. After all, if you're thinking of ways to pull a scam, you wouldn't want something that would involve government paper trails.
However, the more I think of it, this would potentially be an easy scam to pull off on investors. You could always say that you intended to drill when you never really did. The state gets their money for the drill permit. They aren't going to investigate (or try to prove) that you never really intended to drill. It would be hard to do and they don't care to bother with it. You could still probably come out ahead even after the cost of equipment rental or in this case, waiting in line for it.
Not saying the company is guilty of this, but based on the sequence of events last May through August, I seriously question what was really going on. The former CEO leaving right before the supposed drill date? A sudden reverse split right before the intended drill date and right when the sheep were expecting a possible oil strike? Not re-filing their intent to drill in August?
This might be good to play for a pumped run, but I wouldn't play it expecting them to do what they say they will do.
Just my opinion.
Company said in July 10th 8-k:
"The current Intent to Drill license remains effective with the Kansas Corporation Commission (KCC) until August 1, 2014 at which time the Company will re-file for an additional 60 days. Further information will be provided as it materializes."
The company did not equivocate on this...they did not say "we may refile" or "we plan to refile." They said they will refile at that time, which they did not.
More b.s. No one should be surprised.
Because Benny won't answer those questions directed to him and by over a dozen other shareholders who asked him! Are you new in town or something?
Don't blame the longs here like Gimme who got shagged. Who is forcing you to read his posts if you don't like them?
And if you want to sell your shares, good riddance.
Yes, it's real offensive for shareholders to ask the CEO why he issued more toxic debt.
How dare they? You'd think they are investing with their own hard earned money or something.
These investors got some nerve.
Yep, just Benny being Benny. Removes the posts w/o addressing them.
He probably pleaded with Kickstarter to remove those posts as well.
Oh well, you can't police the whole Net, Benny.
Hilarious! You were telling Nicolas to calm down when he was in panic mode a month ago. At the time, you said you had 60m shares and you weren't even breaking a sweat.
It may take as long as a month for the D to be dropped from the symbol...at least that's as long as it took for FRMC, which had a RS a month ago.
Yep, it will be a month of sweating it out with Gil!
Gil still a hero?