Exposing the BS!!
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Any clue from your sources when financials will be finished? Management never has an answer. They keep saying "next week" or "next month". Like clockwork each deadline has come and gone for over a year. Its a never ending merry-go-round.
$0.50 each might be overvalued. Lol. As I’ve said before if a little kid opened a lemonade stand along side the road it would be like Berkshire Hathaway compared to Cardinal.
Lol. What a clown show!
They like to rely on the Cardinal patented method of operation..... do absolutely nothing and hope it disappears.
Anyone placing bets on Cardinal filing an 8-k this week??
According to garreal Cardinal doesn’t plan on responding for 60 days as well. Two peas in a pod. Zero accountability and zero transparency.
Carlisle is a clown. He basically tried to sell several leases that produced 1/2 barrel of oil per day combined if that for 5M. Lol!!
Carlisle’s contribution to CEGX was all of his garbage leases.
Wow that’s shady as hell! Drilling wells around dry wells... wtf! That’s criminal. Cardinal was affiliated with this project? Or just Carlisle?
What was the name of the project/lease?
Yep. Poor guy bet the farm on Cardinal.
Lol. He’s gotta be standing on the edge of a skyscraper rooftop.
Speaking of down, I lost my ass on Cardinal investments. I feel your pain. This was aimed at fair traders ridiculous posts.
Patience patience patience!!! This stock going to fly high really soon after filings you will see! New office! New furniture! New management! New company! You will see!! Oil is $61.59. Everyone going to be rich!! Lol
It’s worthless. A McDonald’s happy meal is worth more than Cardinal.
Does anyone know anything about Cardinal and Keystone? What was involved in that agreement? Depending on who you ask the story changes.
How shocking.... no 8-k filed. They must have been in 24-7 meetings and didn't have time. What a joke!
Why on earth would Cardinal wait 60 days to respond?? The SEC suspended trading, financials still have not been filed and the SEC is alleging fraud which involves Cardinal. Regardless if new management was involved or not they need to respond. That’s asinine!
Now, the new management decides to brush the bad news off like they didn’t pay their parking meter and received a parking ticket. Wow, Come on!!
FYI - The United States District Court Southern District of Ohio's Court documents specifically say: "United States Securities and Exchange Commission vs Timothy W. Crawford and Cardinal Energy Group, Inc." Tim and Cardinal are listed.
Get the popcorn ready!
You think this damaging news would get their attention and maybe they would try to do some damage control! Normal people and business would would try to distance themselves from bad news or bare minimum try to refute the SEC's case facts. I guess they are going to act like it doesn't exist just like Crawford, the Bradford, past lawsuits, money they stole etc.
Have you been able to contact Buddy Stan to get his thoughts on the recent events?
Carlisle is just as much of a thief as Tim Crawford. What a bunch of losers.
Carlisle was was definitely involved because he was "running" the Bradford leases the last year Cardinal had them. I saw that he turned in a 100K invoice for his "work" when Cardinal sold all of their debt to some company in Florida in exchange for shares of CEGX stock. He knew everything that was going on and was paid 100K for doing basically nothing on the leases. Hopefully, he goes down with Crawford.
Lol.. I'm considering going to the trial depending on when and where the trial is located. I assume it's in Columbus, Ohio.
Agreed. They clearly used Cardinal as a vehicle to embezzle the 1M along with hundreds of thousands of dollars if not millions from previous years. The question is how deep does it go and how many are involved? It should get really interesting.
Something interesting to point out:
Tim fraudulently raised (stole) 1M in July/August 2017 based on Cardinal still having the Bradford project (didn't tell investors) and took "at least" 48K for himself. What happened to the remaining 950K? Cardinal management tells everyone they have no money. They could have paid Bradford investors back about half of their money. They have stolen so much money over the years its ridiculous!
I wonder what Fairtrader has to say??
Agreed. What an idiot!
Tim prison b*tch Crawford is screwed. Finally his day of reckoning is happening. After reading the document, investors were correct that he flat out lied about the entire Bradford project. Hopefully, he goes to jail for a long time.
Agreed, They suck. Their future is looking very bleak.
What’s that term I’m looking for?? Oh ya, Shocking!!
Maybe Stan can simply give a brief response explaining why they miss every. single. deadline. without fail. They haven't hit one deadline or even been in the ball park of hitting one. You literally have to try to do that. Can he tell us why there is another delay for the 87th time?? Either produce financials and communicate or shut the b*tch down.
In early February, they claimed auditors and attorney's were giving their final sign offs on the "completed" financials. After sign offs, they were supposed to release the financials mid to end of February. So much for that. The February deadline has passed, what is the hold up now???
Agreed. They are literally investing in an idea. Cardinal has nothing. People won’t invest unless they take a controlling interest or charge a really high interest rate. Maybe these people owe Stan a favor.
All good questions. Apparently Stan knows people who are going to toss in money for their new master plan. They have to catch up financials for that to happen. I guess it’s based on Stan and not Cardinal or their past. Seems risky. Guess we need to sit here and eat popcorn for the next 6 months.
It is a never ending shit-show. Let me guess financials won’t be completed “by the end of the month” for the 75th time in a row?? How shocking.
I’ve read every single one. Gary said the state of the business was in shambles. That’s my response regarding why they are in shambles.
You missed the point. The Business plan is irrelevant. I was responding to cardinals PR discussing the Bradford.
There are only 2 reasons for financials to be in such bad shape that essentially everything needs to be reconstructed:
1. Mentally challenged.
2. Fraudulent activity.
The Bradford financial data was "lost" or destroyed by Cardinal (Tim Crawford).
CEGX is still on the hook for the millions they took from investors and was lost due to gross neglegence. You can change the management as many times as you want, but there are still lawsuits and millions in liabilities. Does the new business plan account for this?