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.
No idea about vitamins, only oil, what I see is a company down the road here with 282 barrels of oil producing everyday, more news coming............
More news coming, with the new partner EGOH and a new one today the goal to have the full 282 wells producing will be possible, and yes there is an oil update coming its been three months should be around 500 Barrels of oil accumulated
Nice to see another company coming into Venango County with Drake and expect a lot more to secure the 282 wells to be fully reworked and producing
Hope is 100 miles from where I live, I have talked to the management and this will be a RESULT not a HOPE
Future production for Drake with every well under option 282 wells producing oil down the road with deep drilling going on, then we will have our last laugh
People bought I am sure on the idea this company share price is worth more than .0001 or .0002 as I mentioned and the math is simple, Drake will be a JV partner in 282 wells at 50% is 141 or more barrels of oil per day times this at $80 per = 4260 BOPM = $340,000 per month revenue, all the joke about Clayton and Peter will not chnage any of this, the JV'S have started and we will see this in more news releases.
The intelligent investor has worked out the real dollar value here, there are 282 wells which are under the umbrella of Drake, so far we have 10 producing, 40 more thru Sebastin, and if I hear correct another 146 package coming, either way here with joint ventures Drake will be a 50% partner in 282 wells producing 282 BOPD do the math and really see what Drake is worth.,
Lets see, I have been watching and watching for all those who said there would be no income from these wells, today is the proof there is income, so all those who were so backwards in their thinking and ask the rest of us for forgiveness
Again, old news from the old bunch, Peter did not hire action jackson, in fact he tried to keep him on, in fact without the efforts of peter the entire well program was out the window, still trying to find a way to bring in another Pinkie to participate with Drake, Parker, if I do need some money support from the good guys of this deal.
Asher can you send pictures to a5a04264@telus.net, please
The share proves there are more sellers than buyers right now, if the price proved anything when the stock price was .009 it was proven oil, the stock market trades the same way for years, people buy on rumor of something big happening and sell when they know the truth, the truth here is we have a bunch of unhappy investors not understanding what has transpired over the last year, yes the last year, I came into this stock one year ago at the .005 level hearing 299 wells, now what we have is reported ten wells a long way from 299, decision time.
I talked to Peter, yes Asher was there, yes Asher took pictures, yes Asher spent the day with Chris and went over the entire package, the wells, the reworks, how much it takes to rework compared to the end result, and Peter was very impressed with what genuine person Asher and his family, but again, this means nothing to this board as I read this, as I said before you could have J---s with you on the property and in the pictures it will not make a difference here, the ones bashing this s tock will not stop, it is what it is.
I am sure with your politeness and way with all the good shareholders of this Board he will want to bend over backwards to provide you with all the information he has
More news coming on the tenth well started, oil has been picked up by buyer of the oil in the tanks, now the question is how much oil will this company get from ten wells producing everyday, I have not seen any pictures of the package of pictures Asher took, I know from the comments here nobody cares anyway as always they want to shoot the messenger.
Oh MY GOD, don't tell me, are we actually going to find out the news releases were real, the barrels on the property actually accumulating oil in them, there will be ten wells producing, what are some of you now going to do with your time now.
If you can, ask if deeper wells can be drilled on the Myers lease, the lease with SBRH or any other lease as we can find other companies to come to the table to drill the deeper wells
It will be nice to see the Luxons gone after this weekend is over, new mgt just might mean a product to sell
Have not heard from Parker, e-mails sent to them many times, never an answer, did Asher ever get to the oil field
Again, there are ways to protect funding any venture, especially partnering through other OTC companies, I am trying to find Drake another company and participate in the acreage they have, what are you doing
If the shareholders will not fund the company by way of Private Placements then to raise money one has to go to who will, as for SBRH I guess the debt holder of Shaun';s promissory notes just could not wait and is doing anything he can to get his money back.
That is not true "PP" and you know this, if the person signing a contract is not going to honor the essence of the agreement then you have nothing in the first place, if Parker at the time of taking the money Drake was paying into Parker and Parker had either no intentions in fulfilling their obligations, Drake could have written a whole legal dictionary around this and we still are where we are at, someone needs to go knock on their door and remind them to call Peter at the Drake numbers and fulfill all agreements in place.
125 BOO now and will be moving up to 200, 300, 400 etc with the numbers expected to come from their JV partner SBRH, we all need to e-mail Parker and ask the question, WHEN WILL GO PUBLIC?
Its time to start a new pubco and raise funds and join in on the re-working wells
Stock just traded today on the grey sheets
If it has not been said here recently, the annual meeting is set for March 25th in Las Vegas new Board of Directors, talks about the influx of money into the company, new phone
Now there is 105 BOO, in time there will be 200 BOO and then 300 BOO and so on, with the next twenty wells with SBRH there will be more oil,
Again, my understanding is simple, I am not talking about what Drake can earn from Parker on furthering the prospects of Parker, what I am referring to is an initial payment that went to Parker, because Drake believed in the Technology, Drake paid to Parker, I was told this was to go into trust, when Parker becomes a public company Drake gets back $100,000 again this is what was explained, therefore if Parker does not go public the funds in Parker would then be a refundable to Drake, Parker will not confirm what they are doing right now to complete an offering or S-1 or a shell take over to go public, and Drake has presented numerous people to Parker to help them go public, offering them companies to get this completed, yet Parker will not confirm to anyone what they want to do,it seems to me if they are not public yet then they cannot break any fiduciary rules here and all monies from Parker would help with the furtherance of the ten wells on the Myers lease and funds needed for the JV with SBRH. As for Mr. Matousek, he was in the Navy, gone for a very long time, so his absence is proof he made no statements with Clayton on what they were doing on any deals Clayton was involved in.
Paid, you and I have had these comments back and forth, my comments get deleted yours do not, my proof comes from talking to Peter Matousek, and as I asked you, when can you show me where he is a liar, when I talk directly to the President of the company and he states this I take it as proof, until you can show me he is lying other then the price of the stock is down then I will understand from your point of view
Impossible, Drake paid Parker, Parker deposited the money in trust, which means if they do not go public Drake gets their money back, has nothing to do with the popularity view here on this board.
Parker should give the money back to Drake if they do not want to go public, I hear offers have been made to Parker to make sure they go public, but management never gets back to anyone to proceed on the public idea, where is the management on Parker and why are they not keeping Drake up to date, we all need to send Parker e-mails to force their hands on this to ask them why they do not move forward
Lets re-vamp this company put in new assets maybe a roll back
leave all those offers at .0002 they will get taken out
Paid, have you been to the PA site to deny any news releases, if so please tells us what you saw, please download the pictures, I am sure you would have taken a camera with you
Possibility, good word, which means open to either way, up or down, the up side is great, the down side is minimal right now, I would say at these prices many of us have a great loss here, averaging down is a POSSIBILITY, not sure many want to do this, IMHO everyone should.
The only way this could happen is to have the SEC halt the stock.
The next low is the Grey Sheets
I would say they both trade at .0001-.0002 is the fact that the .0001 is a buying price, the price to get in right now, right when everyone feels its all over, a dead end, finished price that many buyers will pay for that one last speculation if they get this price a buyer should be able to double their money, taking out the .0002 to many here is the waiting game, they are on the bid at .0001 willing to pay .0002 but want to make sure everything is going through and won't be looking at the offer at .0001, both companies are on the waiting end of everything here, and as they read the post and see the words scam, crook, they might as well wait for the bids to be hit. Once the .0002 is bought out, they will all move up to the price they were willing to pay for it anyway, so until the next update comes (I hear this week) we sit and wait.
With the brand new Board Of Directors coming in, and the Luxons going out, maybe this phone might just hit the market
How many liars and cheats has there been, Clayton, James who ran it into the ground, Marconette, Nick Slinde and who else name has shown up here on the list of directors and hanger ons, the ones who called all their friends and told them to buy the stock and then blamed Clayton, what a crew
Happy, I know of you, or at least heard your name through my contact, he said Peter really respects you and your support, and MasterCraft and a few others who have called and actually asked pertinent questions and want the best for the deal instead of the ones whom only care if they can be in and out with a 25% gain.
I personally see this deal as a Pink Sheet Company trying to recover from bad press, the stock price is at the lowest now, of course it has been here before and rebounded, the reason it went to .009 was the idea of 299 wells which may or may not have been able to produce oil, we now know the lease agreement has been rewritten and Drake is now on one lease, the Myers lease, which after ten wells could produce 150 to 300 BOPM now the board here does not like the word produce, not sure what else to call oil coming from a well into a well bore out into a line and the line feeds to a tank which fills up to 100 barrels of oil. To me that is producing, to others it may be something else, each to their own views. Now Drake and SBRH together will go to another lease and try to get 20 wells up and producing oil into the well bore and from there into a line which fills up tanks, where a consumer comes by and buys this liquid, oil, one person called it slop, whatever it is we will see what the payouts are and see if this company is making money, yes or no, it is the one or the other. The speculation on the price of the stock says no one believes the tanks contain any oil at all, the board consensus says the same, to get an answer we call Peter, we then report this and we are called names for this, so be it, we can live with this if we believe in what management says. I was told the idea was to call Chris who runs the field, he confirms everything, when we report this again we get called names, other then calling the only other thing to do is to go right to the field itself and see the production or non-production and take pictures and then report this, I believe someone on this Board said they lived near this area in PA.