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They pretty much have closed up shop. Its not like they have done anything in 3 years other than screw investors. Maybe the "insider" on this thread can enlighten us, but still silence.
Agree. These guys will not get away with this. Still nothing valid or real from supporters.
I would love to see both happen. I don't think I will ever see any money back. When I invest I accept the risk. I am ok with losing money if an investment doesn't work out. I am not ok with outright thieves. All my lawsuit is asking for are the financials. Once I obtain them will provide them to the authorities. There is no way out for these guys. They are really screwed. I am still waiting for the CEGX supporters to provide real information. We have provide tons of accurate details.
LOL. The Bradford has numerous investors. They are family now too!
Light the fuse of what? They have to get by the SEC and FBI. These agencies don't just go away. Understand CEGX play will be pump and dump. They aren't not concerned about making you money. They just raise money, steal it and then disappear.
Correct. We got no where. No surprise. We know why they won't give it to me. Yes the discovery will be attached to current suit.
I agree with this. I am pretty sure Tim and Paul are stilled involved. They dont want to go to jail. New management cant say it was those guys and move forward. Cardinal and CEGX share the responsibility with Tim and Paul. Still question is what and the heck is Ford doing? Why? What do they have?
Yes finally someone has found my lawsuit! Yes this is me. Tim and CEGX initially said they would provide the information, then said I had to come to the office to review it. I had planned to go to the office and they then said I have no right to it. I am an OWNER in the project. Case law supports my right to review all financial information related to the Bradford. They denied me for over a year so I filed suit. Tim would not comply and waived arbitration. We were planning on preparing for trial when they changed their minds and asked for arbitration. Clearly a stall tactic but judge granted it. We are now preparing to file a motion of discovery which will be granted and I will obtain all financials. All I want is to follow the trail of capital. We all know where it didnt go. Now its time to see where it did. Anyone with information can call me at 330-592-4892. or email at jprobinohiou@hotmail.com. I told Tim I will never stop until I have answers.
We had equipment on our lease as well. Sounds like he took it. We didn't know now we do. Do you know Crawford? How about Ford? Is there a plan other than avoiding prosecution?
Thanks again OilGuy. More info in a few posts than we have had in months. We get nothing from the supporters. I think the main supporters are CEGX backed anyways. No one can be dumb enough to believe these guys are legit.
Crawford threatened me many times with lawsuits but never did. Just scare tactics. So, I filed my own to obtain Bradford Financial data. 2 years and 2 CEOs later and still refusing to provide even though I am entitled to it. Excuse after excuse.
Maybe you can answer who Ford is and why he cares. Other than avoiding jail time what are they up to. Why would anyone new jump into a liability pit?
Yes it will bring joy to everyone.
Government agencies. They take forever. They will take their time and build the case. Tim and his cronies are finished. They know it and a scared. Idiots, but scared. I know this because the FBI visited me awhile back to obtain info. So, if and when the supporters have anything real to post we would love to see it. Otherwise, guys and gals they are coming for you and there is no way out.
No kidding. What do we believe in? Example? Well just look back at our post and there are plenty of examples.
Thanks for the info. Good to see some real information. This is the truth. Crawford and his circle will always make sure they skim off the top. When oil prices were high it was easy. When oil dropped the money ran out and the bad deals and ponzi scheme was obvious.
Not to my knowledge. That's why they haven't gotten current. There is no other reason.
Probably the only chance we have of them filing anything truthfully or at all!
I don't see how they submit anything. All of their supporters have gone.
I am pretty sure CEGX is following the board. Not because they care, but to see who is active and watching. They have done it in the past to try to get people excited. What else do they have to do with their time? Its not like they are drilling oil! I can also assure you the SEC and FBI are on this thread as well. Doesn't bother me because anything we can do to help them get these guys put in jail is fine with me.
If you are waiting for fit wont happen in 2018. I am not sure you will ever see anything. I agree they cant file the real information because it will put them in jail. BTW, Ford has no money in CEGX. No idea what he was talking about in his email..It sounded good though.
If Cardinal is sending this to the proper authorities and SEC they should send the rest of the financials!
I bet the SEC will be way more interested in the financials than fake PR.
Yes Tim is a thief. However, he didnt act alone. He and his crew share responsibility for stealing the money. The SEC's road blocks are for good reason. They are waiting for info to be reported and will then step in. Right now the only thing keeping them out of jail is not posting. By now it is either ready or not. I have heard its finished. They now need to face the music. Its not going away.
Thanks for posting. Pretty standard Ford response. So vague and the dont blame me stance. We really dont know who he is and why he is there. All we can do is keep tapping and sooner or later the truth will come out.
So to be clear, is this the email you received from Ford?
I think this is one of the few accurate steam its we have had in awhile. BS PR is useless.
Weeks keep passing and same story. No one has answered the question, who is CEGX? Who is in charge and owns CEGX? Its not Ford. Ford is just a place holder. He makes no decisions. As stated, financials for 2016 are finished. CEGX is electing not to submit. Heck, the CPA they are using does't have a current CPA license. Why is it that real info seems one sided on this thread?
I think they are just buying more time. No idea what the end game is. Can anyone enlighten us who actually :owns" CEGX? I know Ford doesn't. I have no idea why he would take this on. They aren't paying him. I think this is an important question.
Unfortunately our negativity is valid. It would be different if CEGX was posting PRs or filings 2016-2018. All we get from the pro-CEGX side is vague statements and suggestion of inside info, etc.... Never anything valid. Never any deadline promised hit. Here is what is true. CEGX lost everything. They are being investigated by the SEC and FBI. They haven't updated their website, PRs and delinquent on filings from 2016-2018. They are involved in lawsuits with more to come and ignoring them. So, I am not sure how anyone could be anything other than negative on these guys.
I doubt he even got an email. If he did it was useless. What I know is there will be no filings this month.
Dont worry about it. We all want something to happen. It is one thing for them to announce something and another to pull this crap company out of its hole. I dont think either will happen. I agree, who is in charge and why do they care other than wanting to stay out of jail. Who "owns" CEGX? Crawford and all the original losers are gone. Or are they? It would make sense that the original offenders were using Ford as a smoke screen. Make everyone think there is "new" management. It bought them time. Unfortunately, Crawford lost everything as "CEO". Pretty sure any one of us could have done better. Time has ru out, financials are done and the story is the same. They were hoping they could sell the company shell or attract more investors. The big hiccup to the plan was the FBI and SEC. Now they have no plan.
I would say so. Looks like another week has passed and nothing. I was told the financials were done a few weeks ago. Apparently, they wont release them? Its not like they have income, distributions and acquisitions to sort through and balance. They haven't done anything for over a year. Lets see if this is the week! Any takers?
True, but my hunch is result will be the same!
Well they have 1 day to see if the Hunch was right. I think we all want it to be true. It will be a bunch of BS but will be entertaining. I wish they were doing all of this for us, but its for them. Whatever they are concocting its for their benefit only. They dont care about their investors or they would communicate.
Who knows if we will see anything. The financials have been complete for weeks. They have even released select financial info to some of the investors. Cardinal just won't post anything.
No kidding. They continue to prove us right. Its really pathetic. By now we should have information. Another week of nothing,
We still see nothing. Same story different month. Their shareholders still dont get any updates.
This is not a big company. They own NOTHING. They have NO money. What are you basing the companies size on? The number of shares? They just kept issuing stock like printing money and value is zero. Can you support why they are a great company and management? What have they done in the last year to show us anything substantial? They wont conference with capital investors. They wont provide basic financial information to capital investors. I know, because I asked for the past 2 years and denied every time from old and new management. I filed a lawsuit to obtain the info. Do they post that in their filings, website or PR? Of course not. Real companies with real ethics don't hide and avoid their investors. Everyone of us has put our hard earned money into this trash can after being coned. We are all on the same side and deserve not to be disrespected by these scammers. If you think they are reorganizing to get the share price up so you can sell yours, your nuts. They are doing it to dump their shares before you can and/or avoid prison. It has NOTHING to do about you or me or anyone else on this thread. If you have real info other than hope post it. If you just bought cheap and hoping it goes up a few thousand of tenth of a penny then thats not asking much and gamble away. For those of us that have put hundred of thousands of dollars into something that was a scam have a right to be a bit pissed off. Losing money is one thing. I accept that risk, but being ignored and disrespected by the company and management by not communicating at all with us is unacceptable. Does this make the company and management great? If you have no idea who or what you are talking about then best to keep compliments to those that deserve them, not these guys.
They dont own oil, leases or equipment. Oil could be $100 per barrel it wont matter. Can you explain to us what they have to offer? They have millions in liabilities that just doesn't go away. Until they report we have only rumors. Unless you or anyone else can provide legit info that supports Cardinal its useless.
The problem is no one is sharing info that helps the Cardinal cause. I agree the previous crew were a disaster. They flew to see me and actually talked frequently. It didnt take long to see what scammers they were but too late. The new crew may or may not have had involvement but we still have no idea what the plan is. I do not know what a "major investor" would be buying other than liability. They have nothing and no one has ever disputed that here. So, until we see substantial PR's, fillings and forward movement we have nothing. I understand why the stock investors want anything to happen so they can sell and get the heck out, but what about capital investors? Where are we in this equation? How do they plan on making the big money liabilities go away?
and still nothing from anyone on this site to support why this will fly high.
Exactly. You cant say its going to fly high over and over without any substance. The facts are these guys are liars and crooks. If even some of what I know has happened they will likely serve jail time. I believe they are attempting to avoid investigation, prosecution and prison. They could care less about the financials or stock prices. None of that will change the fact that they are conmen and stole money. So stay positive but please provide information that supports this positivity other than its cheap.