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.
Do you have any real info that makes Cardinal worth anything? Other than buying it because its cheap and gambling? NO ONE would believe or buy shares that are worthless unless they want to throw money away. If you love the stock so much and think it will be $1-2 per share then offer these guys a real buy price. I am sure they will sell shares at .005. Do that then we know you believe these guys are legit. Just dont buy it because its cheap.
That is so true. Tim and his associates are nothing but crooks. There are so many issues here and the current crew is just trying to not go to jail with Tim. It doesn't take this long. They aren't trying to right the company just trying to escape prosecution. This is deeper than any of us know. What we all know is these guys are crooks and stole a lot of money. If any stock holder can sell, sell. It seems like zero but it really will be zero if you don't get out.
No kidding. Its been a joke for years. The only reason these guys are getting current is because they have a lot in it and will dump it ASAP before any of us have a chance. They could care less about us and it shows. They have had so much time and opportunity to get current/honest. I just dont see how or why anyone would buy this stock with what they will report and a PR. Other than what has happened with other companies getting current in the past what is their play? What if investors dont buy the BS and rush in to purchase worthless stock? Then what? If that is their main play they are done.
There are so many issues here. Any one of them puts people in jail. I am pretty sure several of the executives will eventually get charged and hopefully jail time. The intermingled funds will be obvious when they submit financials . Thats a big reason why they wont submit. They know SEC and FBI are out there.
The problem is with CEGX. They aren't reliable. How many deadlines have they set and missed? Pretty sure we have all lost count. As I have said, the only reason they still haven't filed is because its a complete disaster. Tim and his cronies didnt spend the raised capital properly. Paid for a lot of other thins. Thats the problem when the money faucet is shutoff. How will they explain this? They cant. Thats why they are delaying everything.
So, we all are still waiting for someone to answer the question as to why they care and what their plan is.
The filings will be incomplete and chalked full of lies or they would have submitted them months ago. What positive info could possibly be in the filings? None. We also haven't had anyone really support CEGX in a really long time. I wonder why!
I still dont know who is in charge and why they care so much. So they file or put out PR, then what? What investor would buy stock in such a worthless company with no assets or services to offer anyone. Its a total mystery. Yes Crawford is under investigation. Its not the first time and probably wont be the last. Once the financials are revealed he will have a lot of explaining to do. It wont be easy to get answers but we deserve them since its our money he took.
One thing I think we can all agree on is it will be full of BS. By now there cant be anyone out there that would think these guys are legit or have any assets, talent or trustworthiness.
Agree. There is no reason they have taken this long other than they don't have accurate record keeping or information they don't want investors to know about. Either way all bad.
I dont know how anyone could come up with any other conclusion. They have lied so much you lose count.
I think we have lost count! Can anyone answer what Cardinal has to offer as a company? What is their value or plan? They dont own leases. They have no money. None of the executives have any skills. So what is the plan?
Wow we have heard that before. 30 more days and then we will get another 30 days and then 30 more. Its all BS. How hard is it to file if you have the data or the data doesn't incriminate you? Real companies do it on time because they know its required. If they ever post anything it will at least be entertaining.
I know surprise! Another week passes. Same story.
I have no idea who is deleting emails but it isnt me. Sharing what we know helps everyone. I have stated before I dont own penny stocks or stock. I am a direct investor. Unfortunately, Tim and his crew suckered so many of us to invest. They took millions of dollars. There is so much to this story its hard to explain. Investors like me cant sell because we have nothing to sell. If I could I would. We own the assets they lost. They lost it and refused to communicate with us even when we demanded. To this day years later they have never explained what happened. They just stopped communicating. It wasn't lost because of bad luck or timing. It was lost by poor management and likely fraud. The FBI even has Tim and his crew on their radar. Old management and new management are doing the exact same thing. No updates. They haven't kept one promised deadline. Is this a company that should be trusted? When I started on this post it was to warn anyone who was considering buying stock or investing. Several of us have done the same. The group of us have provided real info that can be supported. We have never gotten anything from the other side. We are actually all on the same side. Just keep that in mind. Hopefully, everyone will share detailed information to help get these guys out of the business of stealing peoples hard earned money.
I am sure no one is surprised. No supporters any more. No positive comments. These guys are crooks. Would anyone believe anything they report? Several of us have provided legitimate info over and over supporting the lies. We have never gotten anything form the supporters. Cardinal is closed. Nothing left.
I saw that. What a liar. You cant selectively leave scams off! This guy is pathologic.
Can you share who gave you the deadline and when?
I was told by Ford that they are close but having a hard time gathering all necessary financials. How and the heck can they claim to run a business if they cant even find their own financials?
Seems like everyone has checked out on Cardinal. They still haven't completed financials. There isnt a reason other than it doesn't matchup.
That would be AAAAAAFLAC.
Sounds like the guy I want on the board to make decisions!
There is so much more to this story. Pretty sure we will never know. Its not like they will disclose to anyone the real truth. Does this Dan guy have any experience in the oil and gas sector? I don't believe so. He doesn't offer Cardinal anything other than cheap labor. The circus continues with no new or helpful information.
Is anyone surprised? Did we expect them to come up with money? They have nothing but liabilities. They own nothing other than a publically traded shell. Even that is a stretch! How can you trade nothing! They reported information we already knew about. Don't trust any of them!
Another week, same result. Another month, same result. June? Same result.
What are people buying? Why? As we all know, they have no money, leases or assets and piss poor management. They cant offer "consulting" as some have said because who would hire them to fail? What they do have is a mountain of debt, liabilities and lawsuits. Can any announcement they make be trusted? I am pretty sure none of us care as long as we get our money back! I doubt anyone on this thread is buying anything with CEGX/Cardinal attached to it. The is unless you want to buy more worthless stock.
Loading a turd cannon! I am not sure they will even waste their time announcing he is gone. Its not like they would tell us really why. It will be some wordy BS. Its all lies anyway.
Who knows. Its not like any of them are doing anything for us. I am sure he either wasn't getting paid or was part of the scam and got booted. Either way the guy is useless.
Will anyone believe anything they report? How could we? All we care about is getting our investments back. I dont think anyone here cares what eventually happens to the company. Is anyone on this thread wanting more than to sell? They aren't worth a cent so we all want to can in and run.
I am not sure what data. They don't own any oil, lost all leases and owe a lot of people money. What do they have? Unfortunately, oil prices could be $100 PB again and they still wouldn't have anything to release. If they had anything related to oil that would make the company some money they would have done it by now. I think they are mostly putting barriers up to minimize the lawsuits that will occur if they file anything. They already have quite a few out there that we know of and several they never reported. They are not an oil company. They are a pump and dump and looking at selling the ticker, not anything related to oil.
Its a complete mystery. Legit companies answer their emails and phones. Its that simple. The financials are terrible or they would have submitted 2 years ago and wouldn't be on their 1 millionth Auditor. The only question left is what do they want with this blackhole? Whats left to salvage? The only play they have is its shell. They are trying to free it up to sell it to a company that needs it. Otherwise, there is no company, assets or consulting. Thats all BS. If they own something what is it? If they are consulting now for who? Should be easy to answer if these are true. They are not. We cant get one pro-Cardinal member to give us any objective info. There is none.
Same story different week. These guys remain silent even when we email and call. They continue to show everyone what a quality company and responsible executives they are. They continue to perform 180 of their mission statement. What good is a mission statement if every part of it is violated?
Can any of the members with "inside" info who support these guys show up? Even they have went silent.
Agree. Even if they get current I wont believe them. There is zero reason to be this far behind. Zero reason not to keep investors informed. I can understand for those of us who already bought this crap but anyone looking to buy more is nuts.
Yes, how did you come up with the price and info? Cardinal isnt responding to any emails or phone calls. It is easy for them to say they are not in the drilling business anymore because they dont have anything to drill? They cant offer services because their recommendations and references would be terrible.
They are now saying May? It the same story. They keep pushing it backward.
Who knows. I am sure he came to the realization we are right. Actually, is there anyone still supporting Cardinal on this thread? Everyone has disappeared!
Its so unexplainable. An oil company producing no oil! The excuses used to be oil prices had dropped. Excuse gone now what? Absolutely no comment from Cardinal. They need to close up shop so we all stop waiting for something, anything. Truly pathetic.
I would assume they haven't given you much but vague info. Thats all anyone seems to get. Vague info or promises that never happen.
Same with me. I have emailed and complete silence. Emails very simple and straight forward. Let us know who you are able to get a hold of so maybe we can all get a morsel of info.
Ain't that the truth! Same old same old.
No kidding. Even IF they file can anyone believe the data? I think everyone here would love them to get current with accurate financials, but I wouldn't count on it.
I am pretty sure we all know its not good! Agree, nothing from the cheerleaders. Whatever happened to JesseJames? He was "in the know" but just disappeared like all the others. Would love to hear what all these "insiders" have to say.
So a Cardinal sales rep contacted me and said the financials were completed 2 weeks ago. They apparently have them and still no update? They were completed by their CPA in Utah and confirmed. So, whats the wait Cardinal?