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Let's hear it for BD, all lies all the time!!!
John 19, please give it a rest. We have years of BD PRs. And you know perfectly well they have all been lies. If not, please post one that is known to be true? BD is all lies all the time. How many times has Lanza promised us a deal. And now you are telling us to wait a few more weeks. Give it a rest. Time ran out a long time ago.
You and Lou --- and you might be Lou --- are the last pumpers left.
From the beginning there has only been one course of action for BD investors, and that is to work to put Joe in jail. Everything else is just a waste of time.
Say, you all should go over to the Yahoo Board where Spunkyknight is busy trashing BD --- looks like he has come over to my side --- and Lou is posting still pumping for his Daddy. This is just to rich for all of you long time BD followers, Lou and Spunky having a public disagreement.
Got to tell you. Lou should just be ashamed of himself, still pumping for his Daddy.
John 19, is this what your friend Lou has been reduced to, promoting bogus stories about a secret deal. You should be ashamed of yourself spreading a story like this...
John 19, so let me see if I got this right. Here we have a company run by a convicted felon and notorious stock scammer that has issued one lying PR after another for the last several years. As I recall we are all in agreement on this, that Lanza is a convicted felon and that BD issues one lying PR after another. And from this history you determine that Lanza is not lying once again, but rather that a deal has been done, but that we just can't be told about it.
John, this is just the dumbest thing I've ever heard. How about we cut a deal. You promiss to go away on Friday when we still don't have a deal and I'll forget just how stupid your last post is.
Please, give it a rest. BD is all lies all the time, and that you can take to the bank.
Dragonman, a couple things come to mind. On the one hand, Lanza is now making so much money that he has little incentive to issue another 100-milion shares. That is a positive. One the other hand, he has little incentive to do any deal. So, don't look for anything positive to happen here. I'd expect this think to tank by week's end.
Us longs still have only one course of action, which is to work to put Lanza in jail.
Get real upabuck. I've given them two years, and what do we have. Absolutely nothing.
LGL, no question but that time has run out. Of course I've told everyone for a very long time that BD is all lies all the time. But even now we have posters wanting to give BD another couple months.
No time is up. Can you share your phone number, seem to have lost it.
Lou, why are you still holding out hope for the Summit deal??? Why are you holding out false hopes to shareholders? Don't you know better???
Summit is for hire. Of course they would be interested. But the deal turns on the financing. And that is all a big secret. But let's be honest here, who is going to invest in a company run by Lanza???? Press the Summit people on the status of this deal, what they know about the financing, then you will know the truth.
Upabuck, no we don't have to wait and see. We all know how this is going, including Summit. There is no reason for anyone to be keeping secrets. That is just to keep up the lies. Give it up. You should talk seriouly to Summit. Press them on the issue. BD has issued nothing but lies for several years, and just like the 12-billion in reserves, this is just another lie.
Upabuck, the deal is dead. Summit might have been real, but that as they have said --- you can ask them --- always depended on the financing package, and that never existed. The game now is to just hold out hope and keep the price up a little. They will play this out for as long as they can. Then come up with a new scam. Don't trust anyone on this board. BD is all lies all the time. But the Summit deal is dead. Give them a call and ask about the financing package.
Lou wrote:
"...So we wait and see..."
Lou, from what I can see, we already know the answer, the deal is dead. Take note, the pumpers are gone!!! So, why are your still promoting this deal and holding out hope for BD. You should get busy putting Lanza in jail. But my opinions aside, what are your plans now that this deal is dead???
Spunky, regarding your post asking where all the pumpers have gone --- now deleted --- makes you wonder. Seems like all the paid pumpers know very well the game is over. Been then there is Lou still holding out hope for that the deal is going to happen.
Does make you wonder. Lou needs to tell us what if anything the new/old board is going to do, not just ambigous stuff about how this is not over.
Far as I can see, it is over.
Lanzamusgo, considering how badly the new/old board has handled this whole thing, well, I think their intentions are suspect. They could send Lanza to jail, but there is no evidence that this will happen. I would encourage you to look elswhere for leadership.
Lou, nothing is known for certain, but we do know that we still don't have an audit, that the Summit Deal is contingent upon new investment. We know that Lanza is not bankable, and we all know his history. So, I just don't see any way that this deal is going to happen. Lanza is still in control on or off the board.
Lou, we know that the odds of this deal happening are next to none. So, the question is what are your going to do about the 130-million --- who knows the exact amount --- of shares that Lanza has according to you illegally issued to himself, which leaves him in control and our share value diluted by 100%.
Those of us that have supported the new / old board I think deserve an answer. Thanks
Lou, what can be known for certain? But when you stop to consider, Lanza has benefited from all of your activities. Over and over, you have given the shareholders hope, but false hope. Which has kept the share price higher than it would have been. And now it is starting over again, with you telling us all that this is not over. Lanza, though, has won every time.
It really is pretty simple, at this point in time you and the new/old board have to begin communicating with the shareholders and letting us know what if anything is going to be done. I don't see how you could expect anything by way of support from us after this latest disaster. Which I believe could have been prevented. It is pretty simple Lou, if Lanza issued illegal shares as you have said, well, what are you going to do about that? You need to tell us the answer to that question.
Plaintif, Lanza will go on doing what he always has done, lieing, stealing and cheating. And the new/old Board, well, they will go on pretending to be opposed to Lanza, when they are probably working hand in hand with him hoping that to prevent real shareholder opposition from developing. This is all very sick and I don't believe a work of it.
Spunky, I've supported and voted for the new board, largely on faith. But this has been a disaster. And if they are going to have any support here going forward they need to answer questions and provide a plan, which will have to involve litigation and sending Lanza to jail.
Like I said, none of this much adds up...
That's true Kenco, Lanza will remain in control, which is why there will never be an investment agreement. No one will trust him with their money. And the "new board" has to know that, which is why they are suspect as well.
Kenco, why do you take such obvious glee in Lanza screwing shareholders?
Spunky, I've said from the beginning that the only leverage the new board, now history, ever had was to put Lanzza in jail. Maybe now they will get to work on that. But at this point, I don't trust anyone. This was preventable. It could have been stopped. And to suggest that the new board stepped aside to let the deal happen, well, that is just too much. With Lanza in control there will be no investment. No one will trust him with their money. This is all sad a pathetic.
Kenco, this is probably correct, that even if Lanza steps down he will still own the majority of shares and will still run the company. This being the case, it is almost certain that there will never be any investment or funding group. Just will never happen with Lanza in control.
So, the only thing you have to be happy about is that Lanza is still winning and the share holders are now screwed for certain. So, let's see, there is still no audit, no Summit deal, no investor, but there are now twice as many shares out as before. Once Lanza's latest lies are apparent to everyone, we will be below a panny. And even at 100 / barrel, we will never see a profit. Lanza will go on contracting all of BDGR's business with his other companies and the money will always disappear.
I'll give you this, the new Board is worthless. They could have so easily prevented all of this that I half suspect they are part of the Lanza team. What a scam.
Lanzamustgo, what are you hearing about Lanza being arrested?
Branden, the truth of the matter is not in question. There really isn't any question here. The plain fact is that BD issues one outrageous lie after another. You can't trust a thing they ever say. Just look over all their old PRs on Yahoo. If you can find one that is true, let us know. BD is a stock scam company run for the benefit of Joe Lanza who is convicted felon and known stock scammer. It was not designed to make any money.
That sounds about right. At least for the legal shares out!!!
Upabuck, what are you hearing on the number of shares out these days?
That would be me.
You are absolutely right Mav. Here we go again, Lanza stealing money from BD and giving it to family members.
Upabuck, I've owned this stock long enougth to know that every PR Lanza puts out is almost certainly a lie. I can tell you that the over the top nature of this PR is just full of lies. That is Lanza MO. Moreover, even it where true --- you can be certain that the money would never get to BD. Now you can take that to the bank.
There is nothing to get excited about until Lanza is in jail and gone.
This is from Soso. I'm on business travel, can't remember my password, and so created a new account.
"Lighten up, it's only money. If you still have your health and a good woman by your side, you are truly wealthy!"
Yes, this is good advice. I've made my point. I think I will go away again for a few weeks. If we don't ship 9,000 to 10,000 barrels this month, given that we are starting with 5,000 in the tanks, I'll be back to point out the fact that BD is still the same lying company it always has been.
I hope Lou that you will have some better excuse than the rain. And Lou, Lanza can't have it both ways, in control of everything but responsible for nothing. It don't work that way.
See you when we next report production! Just maybe --- and that is a thin maybe --- I'll be proven wrong. Later.
"Lou is trying to get some straightforward answers out of a company and it's Executive, JL, which is virtually an impossible task. In fact, Lou is trying to accomplish more than just getting some answers to lingering questions, he's also trying to effect change in a company that's managed by a virtually extinct dinosaur."
Millionaire, I don't neccesarily disagree with you about the futility of Lou's task, but you are making this much more complicated than it is.
Lou is a board member. By law it is his right to know and review every bit of company infomation. Not only is it his right; it is also his legal responsibility. These are facts beyond dispute.
Millionaire, what you are saying comes down to the fact that Lanza will not allow Lou to exercise his rights and responsibilites as a board member. I'm sure that is true. And isn't this just like the Lanza we all know?
My issue Millionaire is Lou's response to all this. Seems to me he has two choices with integrity. He could resign. That may not be the best choice. He could serve on the board, move his agenda as best he can, but not sell out and become a mouthpiece for Lanza. That would probably be the best he could do with a mostly hopeless situation. I could respect that.
What Lou can't do and what he has chossen over and over to do is to serve on the board, tell us he pretty much doesn't know anything about anything, and then front for Lanza, on the audit, on production, on everything good Lanza is doing. No, I'm not going to put up with Lou telling stories about rain in Lousianna! Not with the lies this company has told about production.
I've asked Lou how we can pump 7,000 + barrels the past two months and only ship 4,000 in April and 5,000 in May? He tells me about the rain. What the hell is that? Millionaire, the PR means that we are starting this month with 5,000 in the tanks. If we pump another 7,000, don't you think we could ship at least 10,000 for June? How about just 9,000. But we all know, don't we, that it ain't going to happen. But then you got Lou talking about the damn rain in Lousianna. What excuse will he put forward next month?
Lou could have done this without getting into bed with Lanza, and that is what I can't forgive.
"57, so can I post your lies, or would you like to keep them hidden? I will have to assume that if you do not reply or deny my right to post them, it means that I have your permission."
Lou, why don't you end this personnal fued with 57TBird. It is unseemly for a board member to get down and wrestle in the mud with a poster about who said what, when. Besides, whatever you might believe about what TBird has said --- and I could care less --- it is a distraction from the larger issue. 57TBird did not drive BD's PPS into the ground. Lanza did that.
Lou, think about it, you are attacking TBird because you don't think he is telling the truth, and then you turn around and front all of Lanza's lies. Whatever do you think that is going to do to your credability?
Now, I asked you a question about what documents BD can't find, can't produce, don't have, etc. that it is taking them years to produce an audit. That is a real question Lou. And I suspect most everyone of the Board, except the paid pumpers, would like an answer. So stop this fued with TBird, stop fronting Lanza lies, and start looking after the shareholders.
"About an audit. There is nothing in an audit that cannot be fixed. If something was done wrong, restitution will have to made within the audit. So to say that something wrong was done that is keeping them from doing an audit doesn't make sense. Joe is owed 8 mil. shares by Barry's admission. If joe took to many shares, it could just be charged against that and he would be clean. So I cannot believe that he held it back because of fear. In any event, should the material be sent in as proposed, I have been given the ability and the obligation by Joe to confirm it."
I'll concede the point about you not asking me durectly to not post; rather, you asked me not to post such negative messages, that I was not helping my own cause, etc. But since I didn't have anything remotely positive to say, well, it pretty much comes to the same thing. And back then I was still inclined to give you the benefit of the doubt, etc.
Lou, here you go again defending BD. What plausable reason could BD have for not producing an audit, expecially after they have been promissing one for so long? Help me out with this? What documents are they searching high and low for and can't find? What documents could possible take this long to produce? What plausable reason could they have for not producing the financials they prommissed us a couple of months ago?
Lou, why do we owe Lanza another 8-million shares? Seems to me that he runs BD into the ground, then issues himself shares and "loans" BD the very funds that he took from BD through his inefficient operating companies. I can't say I know how Lanza runs all his busineses. What I damn well know is that he doesn't run BD for the benefit of the shareholders! I also damn well know that unless something is done --- that would be you Lou as a BD board member --- he will go on issueing more and more shares. Lou, the way I see this, even if we ever did produce 9,000 barels a month there would still never be any money. And you know it too.
Lou, for the past two months BD has issued PRs stating that they have produced more than 7,000 barrels per month, but only shipped 4,000 in April and 5,000 in May. Which leaves us with 5,000 in the tanks to start the month. So we ought to be looking forward to a great month, another 7,000 pumped and 5,000 to start the month, hell, we ought to ship at least 10,000 this month. But somehow we both know that BD will again just not be able to ship it. What will it be the excuse this month, more rain in Lousianna?
It doesn't help us Lou, you making excuses for BD and Lanza. And we are not at .05 because someone is manipulating the stock! There are no shorts hiding in the shadows.
Lou, we need two simple things an audit and a positive bottom line. We are not going to get either with Lanza. We might lose this think without him, but we will certainly lose it with him.
"No director will ever challenge Joe without getting fired as long as Joe is in charge, just IMHO."
Of course. Sounds to me like you are making my point!!!
"I ask that question myself everytime we speak. I am assured that most info will be at the auditors very soon. However, I cannot confirm that. Until I can confirm that the auditor has all neccessary paperwork, I will not say that it is in. And I have already set in motion that it will be confirmable. Joe has already agreed to that."
Lou, I've stayed off the board for a long time per your request. But as everyone can see, in the almost two months that I have not posted, things have only gone from bad to worse. SO THE PROBLEM IS NOT MESSAGES CHALLENGING LANZA TO DO THE RIGHT THING. The problem is that BD refuses to do the right thing and that they continue to lie.
We have been hearing BD's crap about the audit for several years. I was once told by BD last fall that everything was already at the auditors... Oh, why bother with the history. Those of you who have been around all know it well enough. SO WHAT WE NEED LOU IS AN AUDIT NOT YOU REPEATING AGAIN THE SAME LANZA LIES OF THE PAST.
ME, I DON"T BELIEVE THERE WILL EVER BE AN AUDIT. A company that could produce an audit would have, instead of letting its PPS plummet to almost nothing. No, there is almost certainly a reason we don't have an audit, and that is most likely becuase BD can't survive any real public scrutiny.
So Lou, you are not helping us any by telling us again the tired old story that the audit is coming. What I want to hear from you is what you are going to do on the board to demand that this company come clean with its investors. I want to hear how you are challenging Lanza to do the right thing. I don't want to hear you telling the old Lanza stories about getting the documents to the auditor. I'd think you would be ashamed to even tell that lie anymore. I don't want to hear stories about rain in Lousiana. I want you to represent the stockholders to the company, not Lanza to the stockholders.
Lou, maybe its time to force an SEC investigation. YOU COULD DO THAT FOR US. We will be at .01 anyway in a couple more weeks. AND LOU, THAT WOULD STOP THE DILUTION. THINK ABOUT IT. MAYBE IT IS TIME TO TAKE WHAT YOU KNOW TO BE TRUE ABOUT BD AND DO SOMETHING WITH IT!!!
Litwit, I've been following a number of small oil companies, and Black Dragon looks very promissing. Very good technicals. But this company seems stuck in the mud. There seem to be lots of old problems standing in the way. I've been waiting to see if they produce an audit before getting in, but you indicate below that this will probably never happen:
.. this company is doing what it can to clean up and be as transparent as possible.. as for an audit, probably never come, which is why we are here on the pinks... but most of the pinks do not publish audited financials and do very well so this is not what's hindering BDGR's forward progression..
"Things are different and yes there is no audit. But there is a good reason for that."
Lou, I can't say I believe a word of it. But I've made my point. I'm out of here until after July 4th. We will see. I'd certainly rather you be right than me. Good Luck.
I would have taken a vacation from this board some time ago, except for Nitwit. God, that idiot gets to me.
See you after Independance Day. Just maybe, and I mean really just maybe, there could be something to celebrate. Even Lanza has to be able to see that there might be more money in a well run little oil company than anything else!
Later...
Nitwit, have a nice evening...