Exposing the BS!!
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Which brings up the million dollar question again. Why does the new management want this dumpster fire company?? They should have bailed ship a long time ago. What the purpose of wasting everyones time? The whole thing is a merry-go-round of garbage.
Answer: His shares look like a flaming pile of dog poop.
You are correct. It looks like they hit a low of 0.00059 in September 2018 and again in October 2018. Investors have been sold the idea that their hot circus garbage shares will turn into the Taj-Mahal over night. Clearly, investors are tired of the past 15 months of secretive silence involving: zero communication, zero plans, zero projections or just a simple reminder from management letting us know that they still exist. You can talk to your dog or cat and get a more of response than from Cardinal management.
Its now been 15 months of hearing "next week" and "by the end of the month". We have zero financials, zero updates from management and zero PRs. Everyone knows the bottom line is negative. What is the issue? Why stall? Covering up potentially fraudulent activity??? Does everyone realize this is NOT normal behavior? Normal companies file financials when they are completed. They do not sit around "thinking" and "reviewing" the financials over and over and over.
Agreed. Owning a bunch liabilities must be the new trendy thing to do. Solid business plan with great returns.
Lol. At this rate 40 cents would be like winning the super bowl 4 years in a row.
AKA...It fly high very fast? Green green? Patience? Loading everyone millionaires? Thank you very much
Is there any CEGX news/updates? Didn't they have a conference call last week? Whats the word?
What. The. Hell. are you saying? What positive message are you referring to?? No one is selling bc the shares are worth peanuts.
Investors have been asking Cardinal to schedule a conference call with investors for a solid 2 years. Tim Crawford always denied and said no one was interested (lie). The new management avoids the topic like the plague and has refused for the past year. I don't think updating investors is a lot to ask for considering Cardinal has lost millions of their investors money.
We are looking for legitimate specific evidence of progress, specific timelines and updates. As of right now, it like having a conversation with a wall. Currently, everything is very vague and every timeline has been missed. Any useful information, facts or timelines you are able to share would be appreciated.
Imagine my shock!! Still no financials, zero updates and zero communications from management.
Communications with management are pretty pointless. "Everything is wonderful!! Never been better!! We are so excited!!! "Big news next week!!!" and nothing ever happens. Stan's emails: irc.stan@gmail.com or SFord@cegx.us. His email response times are generally 30-60+ days so good luck with email. Here is his office number which you can find online if you look up International Royalties Corp in Vancouver, British Columbia: 604-687-5257.
Agreed. I'll sell all of my shares for $0.75 since Cardinal is some how guaranteed to be $2.00 any week now. Thats a major deal.
AFLAC Dan currently sells supplemental insurance. For maybe 10 minutes per week max, AFLAC Dan's is an Executive VP at Cardinal considering that they have zero business activities going on. After the oil genius Paul Carlisle (who invented oil), rolled out the door AFLAC Dan was some how promoted to the Board of Directors.
I don’t recall ever saying no filings this year. ALFAC Dan is telling people no filings until 2019. I’ve been talking with Gary who keeps telling me filings are around the corner (whatever that means).
What a surprise.... another "no response" or ignoring straight forward questions when it comes to stating facts.
Did they tell you nothing will happen until January 2019? If so, how did they come up with that timeline?
Have you spoken to any of Cardinal's management recently? What is their plan? Are they making any progress?
Any bets being placed on hearing the phrase "2 more weeks" by Cardinal management this week?
I agree. Tim Shady is a con artist. I’m sure it’s worse than any of us know.
He did mention previous 2016 filings needed to be redone. I’m not sure of all of the details of the SEC investigation, but Gary said they are being investigated bc they quit filing. I’m sure there are other issues involved in the investigation too.
Gary said the auditors have been working with the SEC to satisfy their requests to straighten out the mess.
ALFAC Dan is telling people no filings this year. Gary Peterson is telling people they are finishing up the auditor and SEC’s final requests. Sounds like they will finish them, but sit on them while trying to figure out what to do. It’s possible financials could already be finished, but they are lying to buy more time.
Cardinal is under FBI and SEC investigation, therefore the management likes to lie and dodge any questions.
AKA: Hide and Seek
$2 per share? Is that what AFLAC Dan said? At this rate 20 cents would be a miracle. Why does everyone keep saying CEGX will be $2-$3 per share? Based on what? Please share....
Wow... what a scam! He probably wanted to make sure everyone kept buying or held to keep the stock price up while he sold and sailed away into the sunset.
Agreed... who is going to buy all of the 10's of millions of shares that everyone cannot wait to dump? Hopefully, they have buyers lined up. I'm not holding my breath for them to eventually become current, release a PR that states something along the lines of Cardinal is buying Koch Industries (or whatever the BIG new is) and the stock soaring to multiple dollars per share. If that happens cool.... if not.. I won't be surprised. Its an endless wait.
Wow, Stan, how hard was that to take 3 whole minutes to respond to an investor's email? There is essentially zero transparency with Cardinal and they expect investors to actually trust and keep following them? How hard is it to occasionally update investors with some general non-specific information to at least let them know they are still alive? Its mind boggling.
The new deadline for financials is mid September AKA "2 weeks" according to Gary Peterson. I've lost track of how many deadlines they've given and missed. I'm conservatively guessing at least 24 missed deadlines in the past year. Thats quality... you have to actually try to do that.
Did Mr. AFLAC tell you he was on vacation? So does the mean he cannot have a 5 minute convo with an investor for an update? Haha! That example just goes to show you the mindset of these guys. Tim Crawford use to always make it a point to tell everyone how busy he was, he had not had a vacation all year, the company has not paid him yet this year etc. What did they specifically do to deserve a vacation or get paid a bunch of money?? The answer is nothing. Did they make investors money? The answer is no. We don't care if you did not take a vacation or if the company didn't pay you. Cry me a river... you are destroying your shareholders investments. Your job is to make money for investors. Thats it!
He must be completely over worked with all of those back to back to back to back meetings selling AFLAC. Any time you call them, its the same merry-go-round of BS. They are sooo busy "working", they are always in "meetings", they've never been more excited and they are "crushing it", but nothing ever happens. In reality, they are sitting on their couches watching Netflix. They are not crushing sh*t. They have no money, no assets and cannot raise a dime until the financials are caught up. Until they actually start completing tasks that they tell investors are on their "to-do lists" its a giant Fugazi!! As another week comes to a close, how are those financials coming along....? Oh ya, they are still not completed a year later.
Hopefully, that day comes sooner rather than later.
I called him Monday and Tuesday and have not been able to get a hold of him. I left him a couple of voicemails. I'll keep trying, but I'm not hopeful for any news with actual substance, since thats the current trend.
I think the situation is being narrowed down to management incompetence vs hiding, covering up or trying to avoid liabilities and federal investigations. Which is it? Both?
Honestly, I dont care what info they file or what PRs they type up. I just would like them to do what they say they are going to do (for once) so there could potentially be a small chance the stock could rise a little bit so I can dump my shares.
Whaaaat?? Mr. zero oil business experience Aflac salesman? Can you elaborate for us?
When running a fraudulent business the facts are hard to face. Once again, it doesn't take this long to complete financials unless they are fabricating documents or figuring out how limit their exposure to liabilities and fraud.
The noticeable trend seems to be a never ending cycle of one of these phrases: "2 more weeks" or "by the end of the month" or "next month". I'm planning on calling Gary next Monday to get a status update since "2 weeks" will be Aug 20th.
I'm mainly referring to the new management. Why would new management jump onboard a company that Tim Crawford messed up so bad? Multiple Lawsuits, no assets, under federal investigation, millions in liabilities.