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.
Well, Here we are and BDGR is not doing too well. Down over 50% and falling further. Larry from Ny had it nailed down perfectly right!!!!!!You can find his post on another site. I guess people are finally starting to realize that this ship is going to go down no matter how much hot air one can pump into it. Lanza has had so many chances to make things right but I agree he is only looking out after himself and could care less about the shareholders. He hurt me and he will hurt you all that is my guess. Maybe when his millions of shares are worthless will he wake up and realize what he has done. All lies all the time!!!!!!!!!!!!!!!!!!!!!!!
Well let's look at the newest PR in more detail. So what does this mean? "are currently being evaluated by the Funding Group to determine the appropriate timing and levels of investment." When and how much. As you can see maybe all that is required is a 1 million investment spread out over a year or two-a far cry from 100mil!! Lanza leaves these PR's so generalized that is what keeps him from directly lying! No release of funding groups own audit-WHY???? Is there something to hide from the shareholders may you ask. There are no details ever in any of these PR's and that is one big red flag!!!! I can't short this stock through my TD Ameritrade account and I don't think most people can-at least I don't know of any way so what is all this shorting about? Caddo got it right this morning-Why is the funding group so SECRET?? Maybe because it might not even exist! The term funding group could be Joe's son for all we know. Another very general statement for all to consider. I may be totally wrong about all this and these are only my assumptions but ideas to consider none the less!!
And if I did I could buy twice as many shares from when I sold a couple weeks ago! But..... I will not invest in any company anymore that I can not verify anything on-especially financials. I will stick buy my principals that I had done extremely well on for many years only to get side tracked and screwed badly on these unverifiable pinkies. Most are just scams! A true gamblers roll of the dice. Thanks but not again-I have learned my lesson well. By the way you can not short this stock in America!! Best of luck and I hope you make a buck.
Nobody wins with BDGR except for good ole Joe!! If you can short this stock it is only in Canada. Glad I got out weeks ago when I tried to tell people that the lies will just keep rolling. Look where you are now. What happened to the big Summit deal? I have not heard a single positive event. And lets not forget the litigation hanging in the background. More of the same.....
I agree John, The only way to make money on this play is to buy real real low and wait for the pump. I have received a very harsh education in pinkie land on quite a few pinks. I am not going to play these stocks anymore. Not even for the pump. I have seen way too many of these go from .30-1.00 all the way back to sub penny. Always wait for them to get to the single penny level and then you might make a buck. I did buy a bunch at .02 and sold at .10 during the last pump which was the first profit I've made on a pink sheet. At least it helped me recoup some of my loses. Best of luck to you as you seem to understand what these are all about.
Hello shareholders, After a week of not posting I see that the stock has fallen another 25%. I have tried to warn the shareholders of the dangers in investing in a stock that has never revealed a single verifiable financial document that justifies investing in this. I stand by my principles and don't want to see anymore investors taken advantage of by Joe Lanza. Soso and dragonman seem to have a good grip on reality. I would like nothing more than to see existing shareholders profit from this stock although it will only be on the pump I am sure. I saw that likwit even recommended another stock to try to gain back some loses-good idea. There is not much more to say on this company that can be considered positive as nothing is verifiable! That is why there seems to be two sides to the investing community. One on the hope for side and one on the past lies. Good luck to those that are still holding but don't believe anything you hear as the truth is very well hidden from the shareholders or so it seems. Do your own DD and these are only my opinions-nothing more-nothing less. I took my huge loses and am moving on but I remain only for those that do not hear,see or believe the past history of this company. Sorry for my personal attacks but i don't like to be attacked myself without some sort of response.
Soso- Remember when Lou loaned the company money for payroll-what do you think they gave him for the loan? He firmly believes BDGR has assets yet has never seen a verified audit because none has ever been done. All anyone has on the summit deal is by talking to this Ben Johnson and company. Also Lanza wrote the Pr's on behalf of Summit. Summit has never issued their own verifiable PR-so now is there any proof to any of this. Lanza is still issuing the PR's-nothing has changed-just more lies. YES-Lou has a lot of shares-Have I seen them-NO. Do I care to-NO!! My advice-Sell and don't look back. Stay far away from this POS company and all it stands for!!!!!!!!!!!!!!!!!
Soso, I do not believe Lou's prediction. He was just stating that it was his opinion of how things will work out. Has he been wrong-YES but I listen to everything and make my own mind up. That is why I dumped the shares. He is only hoping that such a situation unfolds as he would due very well under that scenario. I however think that Lanza would like nothing more than to make sure Lou never profits from this after all the shit that has happened. Lou has too much invested in this and that is only my opinion but if he's right he will surely do great. But if he's wrong then he will have one hell of a loss. Everyone wants to hold out some hope for success but it is the smart investor who knows when to exit. Spunky is also probably heavily invested and does not his shares to become toilet paper either-same reasons. Lou and Spunky have every reason to hold out hope-it's all they got and I don't think they know anymore about anything than you or me other than it is lies,lies and more lies all the time every time. If there is another pump get out with something because this company is not worth investing in now or in the future. History will repeat itself as it has done time and time again. I now know all the pumpers as my comments have brought them out of their holes... Upabuck,downa penny,yankee07 and a few others. Dragonman,lanzamustgo,and a couple others are true shareholders. With regards to Lou and Spunky I don't consider them pumpers but they certainly would like to see the shares rise for their own good. Take care...
Everything I have said is going to or already has come true. When will people wake up and realize that it's all lies all the time. Only Soso seems to have it all right!! Well I'm glad i am out of this and on to better investments. Made a quick couple of thousand on TLM the other day when it went from 15 to 16.50 in two days!! I will make my loses back! Heed the warning and take what you can while there is still a little time left. You will be holding toilet paper soon.....
Guess BDGR is having a bad day. Someone just dumped 250k shares. Smart move given no news and watching this drag on while the next pump is created which no one will believe after the last fairy tale! Get going pumpers-Joe will get mad and hold back your penny's.
Pennyhead-I'm far from your average nerd. I'd like nothing more than to take my anger out on one of Lanza's cronies like you. You live up this way or is it too cold for you. Name the place and don't hide behind your keyboard. You will be down and out as your name implies. So tell us what you do-I'm still waiting PUMPER! I just post the facts unlike you....
Thats a good one!! Their the ones that started this whole mess! I listened to them like everyone else. They should be the ones who get sued and of course fat boy Lanza. However if you read the really small fine print........disclosure....
LGL- I'm asking you or anyone that question. Nothing has ever been verified by an accounting or auditing firm-ever!! At least none that I have seen. Just a lot of Pr's and words from insiders. Are you certain they really pump 4k barrels a month? And what is the net to BDGR? We have never been told by Lanza just what the net is and that is why we are still not cash flow positive after 2+ years! And I doubt we will ever be as even if funding comes along you will still have to subtract the debt"loan" before being cash positive. Debt has killed many a great companies and most had to sell off their best assets just to survive-look at El Paso. So you see this company has years to go before any real progress can be made. I want to retire at 55 and I am well on my way there soon. I am an engineer at MIT so I have half a brain and this is childs play in regard to whats in front of us. Yes I did get taken in by the lies and I never knew pink sheet stocks can get away with such BS as I had only invested in big board stocks for the past 20 something years. No more pk stocks for this guy. My last holding is EDEX and it closed up 85% today on strong volume. Glad I have a couple million shares bought at much less than BDGR today!!So good luck to all you believers and pray and pray and pray cause thats about all there is -nothing but a prayer!
A little bit of both. Time will tell soon and the longer this drags out the worse the fall will be. You all better hope this works out because if it doesn't there will be lawsuits after lawsuits and Lanza is great in slipping through all the shit. The lawyers will get some and Lanza the rest. You also better not hope for a merger with Caddo-more criminals all under the same roof!! I will not be getting into this again no matter what the price-This company can not be valued in any form due to a total lack of audited financials and untold lies. Have you ever seen any actual verifiable net profits? All is just claimed Gross sales. For we know BDGR only nets a fraction of the gross and Lanza get's the majority in royalties. Think long and hard about all the verifiable facts here-way to much hearsay for me.
Soso-I did take my loses and I agree with everything you say. I do think Lou is a decent man but as I said he is in this way too deep. He and others do not want the shares to drop to nothing for then there is no escape to cut your loses-you lose everything. I pulled the trigger when I saw the lies getting bigger by the minute. This is all a pipe dream-many will lose everything. Lanza is the only one who will walk away happy-NOT THE SHAREHOLDERS!!
Lou has a lot "too much" invested in this and his only hope is to see the stock rise or his loses will dwarf mine. He is probably holding out hope for a small miracle. He does not know all the details of this funding PUMP and is just waiting for some hopefully good news. He is just as pissed as the rest of us but because of his position he is resigned to see how this plays out. If it does not he will be the first to raise hell. I would rather walk away with something rather than nothing which I did. I don't want to see anymore innocent shareholders buy into this and suffer what I have gone through. As you said "I wish someone had warned me". Have a good day. Think of all the people who just bought a .10 and now they have lost half of their investment in just over a month. Very Sad indeed.
I so agree Soso and that is why I post!!!!! You know the history well and we both unfortunately know the future of this POS company as well. This investment is like a bad taste in my mouth and the memory of it just won't go away!
I'm not so sure yank is a decent person from what I've heard around this neck of the woods!!! But yea-this investment has gotten under my tough skin and I would like nothing more than to take it out on Lanza himself-Problem is all I'd have to do is take one swipe and he'd be in serious trouble..And I do care for all the screwed investors and I do not like people like yank who tell me to go and drink it off on my boat-Yank you pissed me off-better not run into you up here in Mass. Your not far.
What you say is true but how long do you wait? Years....? And with all the lies and stock bouncing up and down on pump and dumps-what makes you feel this time is any different. Time is money and patience does run out-usually after people have realized they lost it all and the stock is worthless.
What an interesting "ever so generalized" PR. Did you notice that the report will only be available to the funding group and not you shareholders. Why not share the good news of all of the millions of barrels beneath BDGR's leases. Give the shareholders some good news Lanza or are you afraid to release the findings. Such a sorry pump!! Who would invest up to 100 million "get that up to" -maybe all that's needed is a 10mil loan to enhance production. News...The funding group has decided that 10 million is sufficient to enhance the present production and the other 90 million will be directed toward more desirable investments....ha ha ha...
I also remember you being a pumper of this stock back many months ago so I can better understand your position. Sounds like your up in my neck of the woods-Maybe we should talk about what a wonderful investment this has been and will be. History has done the talking for me!
You should care as you will probably soon learn the hard way. You probably have too many shares and way too much hope for a stock that is all lies all the time. I am trying to help people steer a new direction and possibly make back some of their loses. I lost 100k on this POS company and am still mad as hell but I will recover my loses through better investments!! At least I walked away with something-you will probably walk with nothing but worthless paper. So who cares- I DO....
Pablo-Sell your shares and invest in Petrobras-its in your neck of the woods and should do a lot better than the dragon!!!
And if it isn't it will be!!! Who could of guessed?
Hey Upabuck or down, Now you must be a pumper and said something wrong on this board and Joe read it. Instead of taking you out back and sh..ting you like a good mafia man would do he humiliated you by making you apologize on this board. You are no better than him. Your words from now on are crap so just go hide behind a bush and kiss your a... or I mean Joe's!!!!
Don't you understand overrides? Get real-Lanza is going away from this a lot better than you will. All of this is just another scam. Get the hell out of Dodge and leave this POS company behind! It is set up to be a total scam from the beginning-history has shown us time and time again...........lies,lies,lies,lies,lies.........it will never end!
I agree Dragon Man!!! Lots of large buys the last couple of weeks and today also. Something is up-I talked to Tom and he is working mighty hard to make things happen. Poor BDGR -I guess nobody liked the PR today. I hope people realize that this is a bad investment and I don't want anymore people losing money on this the way I did. Too many screwed shareholders and the stock price will show it soon. Only Joe going to walk away with a smile on his face. Joe's family comes way before the shareholders do!! He is such the con artist scum. Someday what goes around will come around. I have nothing more to lose so maybe now would be a good time to call in the boys-I have had enough of this POS oxygen deprived lowest form of life on earth.
This is more of the same-dragging it all out. So half of all their 1000 wells are not even producing!! It will take 100mil just to get these old depleated wells back pumping maybe a couple barrels a day. Do you really think they will get their money back-yea maybe after 20-50yrs. And don't forget the most important point here... It is just a loan-no buyout so the profits will go to the funders first to pay back the mortgage. You know how we all pay mortgages now don't you and don't own our homes till 15-30yrs out!!! The wells in this area are not 2000+bbls a day-they are small time wells that given drilling costs today are still very expensive to drill. The operational costs are high too. This might be good for the funding group and Lanza's royalty interests but certainly will not be in the shareholders interest in my opinion. You still do not know all the financial details of this and that is what makes me so uncertain. Did Lanza state he will release all his interests too!!! Don't think so...this is just more smoke and mirrors-something he does so well!!!
Hey Dragon Man- I know you have hopes on EDEX too and I have done a lot more DD on this company. Springtime should see something bloom!!! Best of luck to us both......
I agree Soso!! That is why I am out of this and can now sit back and not worry anymore. It was hard to pull the plug but now I feel much better not having to keep listening to all the lies. I only recently started to post after Lou suggested it. I wish him the best but as I have learned-the more shares you have the more you are tied up in all this mess and want to still believe something good will come of it all-I think not!!!
Oh for those of you that feel like getting out try EDEX. You could sell your shares and buy 5-6 shares of this and they stand a better chance of hitting it big. Look at the buys and volume today. I am invested in this one last pink sheet and after that it is back to the big boards. I talked to the president yesterday and things sound pretty good for this year. Do your own DD and this is just my opinion. And he is not a convicted felon or stock scammer from what I can tell. Mesa is their ticket to success.
And let's not forget about THUMPER!! The next PR will probably say something like this... Thumper has identified a 100million barrel oil field on BDGR leases. We have found investors to loan the company 100mil for development costs. We won't know for certain until exploratory drilling establishes the validity of the data. This could be a company makeover-stay tuned to your local Lanza press releases.....
And you all shouldn't!!!!!! Believe in your gut feeling-it is right more than wrong..good advice for all! Spunky is only hoping as he probably has a fortune tied up in this mess and refuses to believe in the truth of the matter. Why haven't we heard anything except more of the same-UNAUDITED FINANCIALS again and again..........................
Thanks and great reply Spunky. I will continue to keep an eye on BDGR just out of curiosity. I wish you all the best of luck and am sorry to say my patience ran out-and I have a lot of patience. Every time I saw the shares rise they fell right back down. History has demonstrated itself time and again here. I can't invest in any more companies that don't fully disclose their operations and financials in a legal manner. I have never seen so many lies from a company president in my whole life-very disturbing. This whole summit deal still has a lot of unknowns which none of us will ever know about. I am done with these non reporting companies that just take your money and run. The pinks are such a scam!! Looking back on it all the reason I did what I did was if I was going to lose it-it would be better through the market rather than divorce court. So I gambled the money knowing that if I hit it big I would then have half of a bigger pie. I did recently get divorced and it all worked out great. I did lose a lot of it to the market however. I will still retire at 50-55 so life is still very good for me. Take care- I respect your opinions the most on this board!
Not if I gave him the anchor to hold onto.
There you are spunky man... I have liked reading your posts the best. You know what is up and how this will all pan out. You know this SOB and how he works. Are you still in this or are you just one of those that hang in there till the end of days. My escape plan has nothing to do with the POS Lanza. We all hate losing money but there are worst things to lose. By the way I carry EPIRB GPS satellite units, survival suits and rafts. I live life on the edge and I would love to take Lanza for a trip. Then of course he would probably be of no use except as bait!
And this is where you come in, hoping you are right, and that's why you still feel miserable. .....I'm not hoping I am right-I am right! I am feeling good like I do now. You are the one who is hoping!! I sold all of mine above the present price so I am just fine with that!! Remember if it goes up I can still get in for the rise but when it goes down you will be left with worthless paper. History will repeat itself here-watch and learn!!
Sorry upabuck but I am far from miserable-I am done with BDGR but still interested if I was or am right-time will tell!! Life is a learning process-we hopefully learn from our mistakes and this investment certainly has been that. I am still reading these posts as it's better than reading the newspaper-it's too interesting watching you guys sling the mud back and forth. I wonder why spunky has gone quiet lately? You are holding on to false hopes and are like the captain who will go down with the ship. I fish for Swords and huge fish 100miles out to sea and I always have an escape plan!!
The misery that I see all of you guys still going through. I still see too much hope and dreams from you posters clamering for an audit that will never happen, where the missing barrels went,when the summit deal gets done.... The answers have been told many times but in the end the same old story gets told. This investment is over and out. Look at the trading today-no sellers and even worse no buyers. When the buyers go away this will fall quickly. Don't hold your breath for a miracle. SNG is a great buy today-wish I had more powder but in the long run things will go great. Do some DD on it. Looks like CHQ took them down as they need more cash and will issue more shares"dilution". Investors did not like that as that is why they bid them up in the first place-very few outstanding shares. SNG has assets-CHQ has nothing but debt to repay so look for more share issues for the costs of the next wells.
Lou, It's probably time now to get the dogs out and start the hunt. This has all been another scam and time is not on your side. Let the real fight begin-NOW!!! Time to end this misery!!