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Me too. I cant find number to ir now wtf!
Tdameritrade says2.6b trades no bid
Anyone know whats going on?
Floyd can do his vote to change that.
We been here before. Lets see plug was going to buy the company for .06 a share. Now its an unk buying for .0012 to .03
For someone who said he wouldn't post again. Your saying a lot.....
They seem to be dumping near end of day.
Lol they have a lot to move to the new lease. All new equipment.
So much for increasing share holder value. ..
Excellent letter. I have emailed last 2 days with no response. ..... Hope you have better luck.
I made money on this . I thought for sure we were gonna go up after s1 so I reinvested. Now im sitting with quarter of what originally had before.... this sucks!!!
Geez I hope not. Glty go peiii....lol
Lol it just doesn't make sense!
He probably has $5m now diluting to 25b will only give another $2m .
Wouldn't it be better to get the price higher before anymore diluting?
Anyone think he can make it to 25b os?
Floyd increased as to25b had to be a reason. Probably knew then s1 was done.
He decreased par to .00001.He's not done diluting.
Figure we are at 9b os now
I just dont know how much more he needs.
Also don't understand why he would put a down payment on another site. He has plenty of work now. He doesn't have enough money now. Why isn't the oil flowing?
I didn't hear any of that. I talked to rick @ ir sec requires them to be on pinks .
So to be on pinks they need to be @.01
Brya thats the reason. They have to be at.01 to stay on pinks sec required them to withdrawal s1
I have been wondering that myself. Floyd used Bakkan deal to dilute. Maybe he used s1 to do same. I'm sure he got over 2.5 m with dilution but how much more does he need? Buying another site doesn't make sense. Could use that down payment towards existing wells. Why wouldn't he get oil flowing?
10k
We anticipate that our operations will be supported by funds raised through the sale of debt or equity in the Company in private placement offerings and through revenues generated from our oil and gas operations. We anticipate the need for a minimum of $2.5 million in additional funding to continue our operations for the next twelve months. Assuming we are successful in raising a minimum of $10.0 million subsequent to the date of this filing through the sale of debt or equity securities through private placements, we will use the proceeds to settle the Company's accounts payable and to complete the reworking of six leases. In the event that we are unsuccessful raising additional funds subsequent to the date hereof, we will move forward with our business plan and plan of operations in a scaled down form until such time that we can raise additional funds.
Private funding.
At least he is consistent. ..
That is what I said. He said trrc required them to plug a well. Peii did that and notified trrc.
All I can do is wait and see.
Rick at ir said they had to update info with trrc last week and are expecting approval any day.
That would explain the 25b as increase. Question is how much more does he need? He will be paying bills with .00001 per share....
Someone said a 380k bill is due. That would be 38b shares.......
This really sucks!
Thats not good. We wont see a penny for a long time. .a lot more dilution. ..
They lowered par because at the time price was below their par.001 so floyd cant give shares to others at a higher price.
I dont think par has anything to do with it. The stock price has to be at .01 per new rules of otc
The next few months they have to produce oil. Imo
I think they can argue with sec for a few months.
Or an rs if sec demands it.
So they have to be at .01 to be on otc
Have to be on otc to do cpus financing.
Catch 22
This is boring. Pe$$
He was on list this morning about 7am.
Looks like the hype isn't working. Floyd needs to come up with good production numbers. The numbers need to be Big!!!
Creating hipe before production is announced. Getting close!Go Pe$$
I agree!!
I was thinking the same thing. Looks like its in line with pr next week. At this point floyd should have something positive... glty
Found my answer..
Pennystockdivas.com has been compensated $1000 cash for this release and other marketing services by Microcap Innovations, a non controlling third party,
Does anyone know if this is a paid pump?
It depends if you made any other trades. They might have cleared first.