Exposing the BS!!
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I've heard a decent amount about SLAPP suits and anti Slap cases recently. It's potentially a great thing if the state you are doing business in has anti-SLAPP laws (Texas does).
Wow! This sounds like a Dateline 20/20 criminal murder mystery! Seriously, it seems like all of these guys have monthly conference calls to laugh at all the money they stole from investors. Their day in court is coming.
Keep checking this board and updating us with info. Your stories are the same as ours and these scammers all seem to be connected. I’m sure this is deeper than we know.
I don’t know if the operator Guy Julaine is a real person or not. Mike Hill is listed on the P5 under the officer information.
Lol. The scammer promoter and the attorney is the equivalent to Adolph Hitler being the judge / jury against the Nazis during the Nuremburg trials of WW2.
Thanks OilGuy for all of the great supporting information showing their trail of criminal activity. Criminals hang around other criminals. Did you and the other investors you were involved with file suits against Paul Carlisle and whoever was promoting the Ponzi scheme? If it's not already turned over to the FBI it definitely should be. Do you know if they are being investigated? I know for a fact that Crawford and CEGX are being investigated by the FBI.
FYI: The operator: GUY, JULAINE is under Mike Hill, who worked directly with Paul Carlisle. I'm sure he's just as involved as Crawford, Carlisle and company.
Join the club.... Everyone with half a brain knows it doesn’t take this long. Either they are in some hot water, lying or both. #Ridiculous
That will be a joyous day for many!
Typical broad statements with no evidence or facts.
Come on.... you cannot be serious! No one on this board can take comments like this serious in the slightest bit. Did you literally just buy shares of CEGX stock today?
Lol!! He is clearly new to the scene or part of Cardinal.
I guess the main question is how are Tim and Paul not in jail? The same situation has happened time and time again. There had to be plenty of evidence, paper trails and witness accounts. The FBI has been investigating for quite a while.
Paul Carlisle with Eagle Operating (EOI). He owned a bunch of trash leases that he “contributed” when he briefly merged with Cardinal. Looking on the Texas railroad website basically all of EOIs leases were inactive, produced minuscule amounts oil and had major compliance issues with the commission. I remember at one point Tim C. said that EOI was producing a lot of oil, but the Texas railroad commission tells a different story. Tim and Paul are both scammers and liars. I’m not sure how they unloaded garbage leases with major compliance issues. It’s an expansive liability that no one wants.
And....Tim Crawford(CEGX) steps up to the plate setting his targets on the hot garbage leases.
1. Tim excitedly jumps up and down clapping his hands and cannot wait to buy the hot circus garbage.
2. Tim immediately shows investors cool looking graphics/spreadsheets and says the wells will produce 100+ barrels of oil per day.
3. Tim blows through investors 1.8M at the speed of light.
4. Tim funnels at least half of the money to himself as 'management fees' while he runs for the hills.
I agree I want to see the money flow. We have been trying to use attorneys to get a hold of the financials. It's no coincidence that the FBI and SEC are knocking on their doors. Hopefully, they eventually end up in jail.
His typing skills are too good for PennyGuy/Fairtrader. Its probably someone from Cardinal to keep interest.
The truth is simple and lies are complicated. Thats why we've been waiting a year and a half for financials so we can 'find out what happened' to our money.
Can you fill us in on why you believe 'extreme progress' is being made?
Sounds like a classic Tim Crawford move. Did they ever finish the project? or did they start it and then give every excuse under the sun why they couldn't finish it and ran out of money?
Yep, and everyone was screwed except for Tim Crawford and Management. They laughed their way to the bank charging investors 30-40K in management fees for drilling each well.
Lol.... Typical broad non-specific response from management.
What news did you dig up?
Gary is the accountant who has been compiling/piecing together the disaster Tim C. created. He use to work for CEGX, but him and Tim C didn't see eye to eye so he left years ago. The new management brought him back since he is familiar with the business.
That’s why I gave up with calling management except for Gary Peterson. Every time you call management it’s the same garbage: “Everything is great... we have never been more excited.... sorry I can’t tell when filings will happen... sorry I cannot tell you about PRs either.... sorry I cannot tell u about any business activities, but we are super busy and we are really excited.”
Oh, Ok great Dan/Doug.. thanks for the info!
Try calling the phone number on Cardinal's webpage. I've called in the past and people surprisingly answered. Only person I've spoken with is recently is Gary Peterson.
What was on the site previously?
They need a lot of prayers. Might as well pitch a tent inside a church.
Anyone going to place bets on CEGX finishing/filing financials before the end of 2018, since that is their new "goal"? I think this is probably the 45th promise of finished financials and PR updates. Where are the believers?
FYI: There are zero margins because there are literally zero business activities. They owe millions to private investors.
Agreed. No comment from Stan Ford on the PR. Lol! The only details of the PR are: "It would be in the best interests of the share holders to merge both companies."
Your response is hilarious. Lol. This definitely is not exciting! Cardinal denied the merger on their website and released a PR. Talk about major fraud.
Wrong..there is no merger. Check Cardinal’s news section on their website they are denying the merger rumor. Secondly, what is there to merge with? A pile of ashes? “Merge” is the wrong choice of words. Someone might “loan” them money or “buy” the shell, but they won’t merge, there’s zero benefit as is.
Must of been the invisible PR and financial filings.
Because the truth hurts. Everyone want to live in fantasyland instead of seeing what in front of them.
There will not be a solid PR since they keep moving the 2016 financial filing date farther into the future. But hey... Cardinal sends us pointless emails.
Agreed. Is management is volunteering their time out of the goodness of their heart?? There is no money to pay them and no money to pay for accounting/auditing. Whats the end game??
Agreed. They are not being honest. How many deadlines and promises do you have to miss before it becomes a lie? Cardinal math: 1+2=4.
For the last year and a half, their email responses have offered zero value, lies and excuses (please correct me if I'm wrong). Financials have been "almost done" since February 2018. The past couple of months they said financials are "right around the corner". Now their response is they hope to have 2016 financials completed by the end of they year. Lol! It's a never ending process of moving the goal posts farther into the future. It does not take this long to complete financials for a small company like Cardinal. Any logical person can see their words do not line up with their actions. If anyone has contrary evidence please feel free to share. This is what fiction meeting reality looks like.
What the purpose of posting that you received an email from Cardinal management if you are not going to share any of the info you received in the email? Clearly, management is sending BS emails that do not contain any concrete info, plans or facts in their communications with investors. Concrete or important info would be relayed on the message board.
And..... was there any useful or specific information in any of his emails? Did he answer any questions? Or was his response generic and non-specific? Please share.
One word: NOPE!
Do you feel a 'hunch' for this week? Did you actually recently communicate with management? Do they have anything realistic to offer or are they feeding you rainbows, unicorns and candy drops?