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.
Wow, Big-you mean 47k shares all day! That's a whopping 1600 dollars!! Yep- this stock is really going big time for someone that wants to invest 100 million dollars into it. Get real-this is just a bad dream-sorry to wake you up....Time to get together and make this right! After the shareholders revolt back in the fall I'm sure Joe would like nothing more than get a little payback himself on all you shareholders-think about that for a minute!!! He will be laughing all the way to the bank with your money-make no mistake about that!!! The last thing he will do is to reward you all for voting him out of his own company-My opinion is he will take everything he can and leave you with worthless shares-But I could be wrong for all who believe in miracles!! His shares are as worthless as yours but he still has all the leases and overriding royalties which will keep him more than happy. Divert the oil, never produce an audit, pay Mario all the profits and who cares about the shares.Its all a shell game-comprende!!!
Exactly- a crap shoot with nothing but losers here..I took my braces off a long time ago and have decided to fight this to the end. Bring down the house that Joe built!!
Localoil, Just like I said in my earlier post-A service company with leases? This is how Joe hids the leases-in Mario's name so to keep it in the family-it probably because he can't trust anyone else. Just more info for the boys to look into. Hope Adam goes after these-I'm sure he is aware of the games being played here. May is coming up fast-should get interesting on all fronts!!!! The orange jumpsuit sure would look nice..... Tick Tick Tick.......
John, After a day like today you must really believe. Cheap shares-your kidding me. How about worthless shares-Joe has gotten the most out of this company for himself and not the shareholders. The game is about over. You are playing with fire here. You yourself say Joe is bad news yet you buy the stock. What kind of .... are you. Oh i forgot-your a believer. Guess you have not lost enough yet but just wait-your turn will come soon. Best of luck and lots of it!!! By the way the shares are good for wiping the tears away..
Just before the trial? Don't think so! Have a few with Joe last night? Pretty poor pump job....Got a letter from the SEC last friday and if I were a betting man I would not wager even a penny on this one. Many are looking into this company now and I hope it is only a matter of time before the storm comes in!!! No more lies Joe-your days of scamming are going to come to an end.......
Yes I have a number and name on several fronts. I told you to take your 25% gain from .03-.04 but I see the PPS starting it's slow slide down again. Too bad-maybe on the next pump you can do better but this is probably going to be the last one. Sure must be hard to unload a lot of shares nowadays although today I think was a high volume day. Seems Mario is driving his shares higher. Can you believe a 1.25 for a .07cents stock and a small service company to boot. With Joe supporting Caddo with BDGR's money as an exclusive service provider-it must be a heck of a lot of money to justify a 1.25 offer. Makes you wonder if BDGR goes the summit route which I don't think it will how will Caddo keep up the cash cow flow. Maybe Joe has changed his mind and likes things the way they are!! Another too good to be true story in my opinion.
No I'm definitely not an insider are you? I don't like to post things before they might be made public but I am still working hard to put this scam down and people are looking into it with a lot of interest from what I can tell. Insider-that's a good one!!
Come on Kenco- That is about as easy a fill in the blank as you can get. Her name is Bonnie.... I can't say much more except things are looking better.
Read the PR carefully. It states that oil leases have to be in title and verified. I thought this was a service company? Guess not -this is probably where BDGR leases are disguised under. Seems like son is learning a lot from you know who. Gold leases last week and now this-something very fishy here. I smell a rat.Nord Oil did this same thing about being bought by a chinese firm and guess what-management decided that it was in the best interests of the shareholders to reject the offer and it was never put to a vote. Bet same thing happens here-just another pump and dump.
Yes-Negotiations for jail or no jail! I have personally talked with S...C people yesterday and this is not dead by any stretch of the imagination!!!! I get it and Lanza will get it too. Just my opinion here-do your own DD.
It's on their timeframe-not mine. The homework has been done and now it is time to carefully look at all the details of which there is a whole lot of history! Patience is the key here for you and your investment and me and my mission. Neither of us has seen what we want so neither are right yet. Time will tell!!!!
Just another insider expressing his personal opinion like he did almost two weeks ago. Funny how the message is very similar! I think you will have to wait for the trial. Funny how this and the very long protracted delay have not been mentioned by Summit. This is all BS!! Did not Joe mention in the last PR about imminent news soon and lots of it-only he could hope to save his soul or whats left of it. Soon- soon being like when the audit was in the mail. Keep dreaming as this adventure is hopefully nearing an end soon. Maybe there will be news like the last post!!
Just goes to confirm that Summit is probably no better than you know who!!! I share your concerns and that is why this has to stop for people are not going to make out here-only the owners. Summit will probably be just another entity that gets paid long before the shareholders do and profits will be nonexistent until the debt or loan is paid off which by the way could be years and years and years!!!!!! This was set up to generate cash by the selling of shares so the company could grow -make profits and direct all of it to the shell companies. Just my opinion here-do your own DD which is hard to do here anyway.. Best of luck to you all.
You are absolutely right Kenco-however the management of a lot of these companies is such that they seem to issue many stretched very hopeful PR's that never materialize. I had about 10 pink sheet companies and they all went from many cents down to nothing and for a good reason as the issued PR's never materialized!! Too much pumping on many managements of these companies. I understand the cost issues as well but the facts of these companies are such that only less than 5% ever make it out and become profitable fully reporting companies-those are the facts!!! It is quite a gamble here!!!
There is way more risk here than meets the eye! What's happening to the pie in the sky Summit deal? Just like I thought-another scam perpetrated by you know who. Latest few days of volume suggest nothing going to happen. It's been almost 6 months now since deal was announced and still nothing happening. Just wait a few more months that's all! This company is going down just as most pinks do eventually. These pinks should not even be allowed to exist with investors never getting any verifiable financals and PR's that are lie after lie. Don't throw any money at pinks-that would be my best advice-the odds are always against you in these stocks by far. Still waiting for the storm to come and it should be a good one!!!!! Hope is fading fast here.....
Kenco, Thank you for the support!!! I know the ground I am standing on and it is very solid. I am trying to do what others have not and when I set my mind on something I usually end up very successful in my endeavors. I thank all of you for the support and words of encouragement. I do not wish loses on anyone but this company is without a doubt a scam for Lanza and I am going to do my best to see it end one way or another. It took a lot of guts to pull the trigger and take my loses-it really really hurt!I too have been a long term holder and bought into all the lies and payed much for a lot of my shares. At some point I determined that it was better to take what was left which was around 20k and not see Lanza drive it to nothing. I gave him every benefit of the doubt and he drove the stock into the ground!! With that I am now fully engaged with his going away and it will take some powerful people to do it and he might not be so lucky this time around. I am sick of all the promises of things will be better this time but my gut tells me otherwise. I learn from my mistakes and this has been a very expensive lesson. I thought we had a chance with Lou but even he stepped aside and believed the lastest lie. There is lots going on behind the doors that I am not even allowed to know due to the legal nature of things but I am hopeful that justice will be served here. What happens in the end I do not know but I hope the existing shareholders do not lose and Lanza is removed for good. He wants to leave I'm sure due to the heat coming his way. He will leave with whatever he can steal from you all that I am sure. With the lack of info coming from Summit I can only believe that it is some sort of smoke and mirror play-don't trust him for a second. How many shares are outstanding now???? We do not know for sure-way too many unanswered questions in this whole mess. I still want to know where the oil in the tanks went last summer. That is a bonafide felony if what I think happened to it. So I am not bashing the stock just the people running the show and all the behind the scenes pumping going on so a few can sell out when the next promise comes along. Thanks for listening and sorry if I have caused any harm to present shareholders but you know what you have gotten into and you are on your own in regards to this very risky investment. All the best to all-Andy
Oh one more thing-If Lanza comes out with apologies and audited financials, and Summit issues a detailed statement of the deal I will cease to post anymore on this board but the clock has started ticking and I can not stop it at this time-it is too late for that......
One shareholder to testify against me-you got to be kidding-I have hundreds who will testify against BDGR! I am not trying to scare anyone, just letting people know that justice is being sought for BDGR's thousands of lies. Too bad the summit PR's have not had the desired effect you would like -to get the stock up so you can dump and make a profit. I have info on Larry in NY and I think he has enough info to help my case if need be in a court of law. People can be deposed for testifying and my brother in law is a great lawyer who would be happy to help here..BDGR has lost people their money-not me. If they had been an honest reporting company then yes the shares would be way above what they are now. It is them that have caused the true loses-not me. And Lou better watch what he says as he has been on the board and has many more legal issues than I would have. I know all the detailed history of his actions and BDGR's so if you all want the dirty laundry to come out just give me that call but my pain will be far less than others that I am sure of!!!! This is not a threat just a response to your post threatening me above all else........
And remember I sold all my shares when I started posting so I have the records and have not profited one penney on this. This is being done to warn people about the lies associated with this company nothing more nothing less. You make up your own minds just like you do when you listen to BDGR's PR's. I tell the truth -there are no lies here and the stock is at 04 for the market decides what a stock is worth based on its fundamentals. If it was worth more then you would see audits and verifiable financials and that has never happened. I don't think Mr Frohling would like to try to explain to a jury the history of BDGR's PR's. I even have some friends at Red Chip who are just as mad and would love to get involved so if you want a battle I will be happy to get a ton of people on my side-it would not be too hard to mount a great offense here. Best of luck to all present shareholders and I do hope BDGR comes clean someday and makes you all some well deserved money for all the pain you have been through!!!And I have all your posts upabuck and they are nothing but extensions of BDGR Pr's.....
Go right ahead! I have every printed PR from BDGR and it is quite easy to fill in the dots and I have good reason for simply warning people about losing money on lie after lie just like it happened to me. I am not threatening anybody and have every right to post on the lies of BDGR. The history of all the past like remember Rick M and others. I own no shares and will not profit from what I say so your threats do not bother me. I am sick of the pumpers like you who continually post like something good is always about to happen! And don't be surprised if Mr Frohling gets a call himself. If I were to square off against those guys I don't think it would be too hard to explain to a jury the differences here. Who do you think would come out the better? This is not slander and I have made no personal threats against anyone. So trouble-I think not-I am just trying to bring some long time justice to this matter and where others have failed I will succeed. Just because I tell someone I have contacted people does not mean that there is any certainty that anything will happen. Just my opinion here -nothing more nothing less as I have stated before. So keep on pumping to balance my negative feelings for this company and say hi to Lou for me. I have talked with him recently and I am not the only one trying to close the door here.
None!!! Nada..All done with this scam of a company and have nothing left to lose! The cat is out of the bag and many people are looking at this problem that needs some bad medicine. Joe if you are reading this I hope your attorney is real good cause if he is not you are looking not too good right about now. I sleep with one eye always open and you will not catch me sleeping for I am heavily .... and as dangerous as you probably are. You lied to the wrong person and I will not quit until I see justice. I lost over a 100g on this and I am really .........
And I think Joe will need a lot more oxygen soon...
Yank- I think they are already up to speed!! But I hope you are on the side of justice now and will help put Lanza where he belongs......This has been an expensive learning experience but something will come out of this soon and it won't be in Joe's favor!! He is not escaping from all the lies just to get rich and disappear in the fog-it will not happen-not on my watch!!
Warning, Just when you think it's safe to go outside- an unexpected bolt of lightning flashes from the sky and blows the whole deal out the window!! The powers from above are coming soon!! Justice is far from done and could effect the deal as you envision it.....
If oil doesn't work maybe gold and silver will-the next scam of father and son-gotta love the entertainment! This is all just too much for my brain to comprehend!! If you can't sucker them in oil then try for the real black gold!! This family needs some serious jail time....to bring some reality to their lives!
God bless you and hope your luck is better than mine!!!
I would not touch this company ever again no matter what happens!!! It has been a scam since the very beginning. Everything you say is true and yes there are many many unanswered questions! Stay away from this company if you want to keep your money! Justice is still being sought and it takes some time..For those buying now i will not feel sorry if you lose it all for you have all been told the truth about good ole Joe.
I do wish you the best of luck for I think you will need a lot of it. Lets hear Mr Johnson post this confirmation! Do you really believe good ole Joe? I don't for one minute! I could not agree more that if this does happen it will be good for the shareholders but Lanza is still on the hook for all the past lies and investor loses! And believe me this is not going to 1-2 dollars a share even under the best of circumstances! It is still just a loan to be paid back first to the funding group. Shareholder profits would be years away at best. Use your good common sense on that one! If it ever gets back to .10 then don't get greedy and grab those profits quick and I mean real quick!!!!!
For you all still holding these worthless shares-the recent Pr helped you a bit. Take your 25% gain before it evaporates again. Joe is a crook and he will never tell the truth of the matter. As for 2-5 dollars-your out of your mind. Look at fully reporting companies like SNG where they pump 3-4k barrels a day not 3k barrels a month! And they are 3 dollars!! You are all such dreamers-it will never happen. BDGR would have to pump 3k x 30days or 90k barrels a month to get to 3 dollars-get real! Still trying to bring some justice to this scam of a company. With the acreage bdgr has they could not even get close to any of these numbers. Gross numbers-what a joke-how about net which tells us what they actually have-that would reveal too much so it ain't ever going to happen don't you see. Cash flow positive-not a single mention of it-guess why-cause they will never be with Joe at the helm. How many shares outstanding now? Too many millions to count I bet. Keep praying for a miracle boys.......
You guys are still dreaming,wishing and hoping for a miracle. Beware of the credit markets-you can't even get a home loan with good credit anymore. Also remember Localoil's statement that they better have 75% or it just ain't worth it. Don't forget Joe's overriding interest either-I'm sure he wants those checks still coming after the deal is done. Lies,lies and more lies all the time-it will never change. This was not set up to be a shareholders company. The shares are just what you said Lanzamustgo-worthless junk!!!!! But I still hope you guys do ok but the odds are definitely not in your favor.......
I'll buy some shares with more intro like that!! Been in this for about a year and half and still holding strong. Got a boatload of shares in this and I feel this is one company that just might make it!! Patience is what is needed here......I have talked with Tom and he sure seems better than another company I dumped with corrupt leaders BDG........r.
This is great!!! Keep the info coming as Lawyers love to take down fellow corrupt lawyers. Will pass this info on to some friends.....Keep up the good work for the corruption runs deep here!!...............
Good catch upabuck- So it seems the funders or someone will have to insure the 100mil for 10x 139k or 1.4mil just to safely have 100mil. Sounds about right to me-the only negative is who is going to pay for these added costs-The shareholders of course!!!!! Not our up and up Joe that's for sure!!!
Looks like more of the same with todays new PR. I can see they are now saying it might not happen just to cover their bases. The lies go on and on. This has to be the biggest lie yet!!!! Just my own opinion of course. Just wait till May and this might all evaporate like the heavy rains limiting production-more excuses!! Where's the 10k barrels that dissappeared in the night last summer and the 2+ year audit that has never happened and never will. Such a scam!!
Thanks for the information-So is there a minimum acre size for drilling deep wells and what might the spacing be. Or is it just getting together lease holders no matter what the size and splitting up the percentages? Thanks- I thought I got that prior information from your post but I will gladly admit to be wrong in this area.
Jmap- I hope you guys expose Joe for what he is! Good luck this May..
Your right also. The SEC does want what is best for the shareholders and that is that no more people lose money on this scam of a company. Time will tell-you will see. At 8000 acres as Joe said and with deep rights needing 640 continous acres there can't be that many deep wells to drill. So you see 100 million is way out of the ballpark as far as what is needed here!! Joe only wants to go because even he knows time is not on his side-He would love to sail away with millions and that will be your money!! Best of luck. Seems the daily share volume has been really low lately-I'd hate to be holding lots of shares that I could not get rid of at this stage of the game. This can't be a good sign. How much longer do you wait-he is dragging this out now for months-just like I predicted!!!
Dream on- Summit will always get the profits long before you as they are the one loaning the 100mil. Remember it's the lender that gets paid first!! Sorry but there won't be any scraps left to fight over...the fight is still going on behind the doors..
So let's look at this latest Pr! Working interests? So whats the net to BDGR after Lanza's take and costs? 1000 wells on 8000 acres equals about 1 well per 8 acres. Wonder how much oil is left per acre? In addition 62bbls +20 +20 =100bbls/day x 30 days is about 3000bbls/month-A far cry from the 7000-9000 from a few months ago and really far from 30kbbls! 300 wells pumping only 62bbls a day is a real bummer-only 1/2 barrel per well per day!!They must be pretty spent. At least he let the cat out of the bag with some information to decipher. My opinion is this company(Summit) would not spend even 10mil on just 8000 acres. Why do you think the other wells are not in production-because they are dry after pumping for years. This company is worth what the market says it's worth and thats about 2 cents at best. Soon maybe even much less!! All the profit probably goes right back into the overriding royalties for you know who. What ever happened to the 10k bbls in the tanks from this past summer? Guess? That's 1 million dollars of your money that disappeared!!Another delay-another fluff PR to continue the story...............My opinion-do your own DD.
Sorry but it is not going to work-once a scam always a scam!!
Fishing fund, There's more where that came from. Look up Deleware. 1.3mil in debt is nothing compared to 100mil in debt financing ...ohh.....Anyone want a 1000 year mortgage!