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The source is the CEO
The company is not buying
I said all along that this was not going to happen
Going on from sterlings conversation we can expect some very interesting news early next week. However judging now at how this stock volume is running ,looks like it is simply a day trading pattern. Shame because I thought we may have had an outside player talking a position.
big news out next week
only through email
cashflo pp me your email address
For those who PP me thanks at least I have something to go on when I talk numbers to the company and vica versa. I think it is important for all to understand what this volume is all about
cashflo thanks for that, it would seem no else is willing at least to tell me they are part of this buying, so I can assume it is all outsiders
Guys I have a conference call with the company in ten minutes .Give me something, I need to know what the buying patterns are on this board, to better understand the scale of whats going on outside this group
Guys to gauge the scale of buying off this board ,how many here are buying today. lets try and get a feel for whats going on. Me I have bought and sold nothing any others who would share with the board what they are doing as we speak?
stervc did you manage to speak to Carol the other day?
what strikes me about all this latest buying( If by insiders) is that it does not lend itself for the company to do a Reverse split
cashflo add my 10 mil to that total
If all you say is true ( and I don't doubt it)then why would he hold a shareholders meeting only to get fired by the true shareholders
I spoke to joe the other day and he assured me that they had been posted out.Aslo he seems very confident about the shares he and his friends hold that can counter any attempt to change the board
weatherbill,I concur with most of what you say,but to add, I think if we could subtract the flippers then a true picture would reveal itself in regards to accumulation, I for one believe that there is some game plan unfolding here,by either a party or parties quietly raising thier holdings ( a good sign), time will tell in the next few days as you say as to what lies ahead. The more we see of this large daily volume, the more likely SOMETHING BIG is about to unfold. I spoke to Carol the other day and she did say that they were drawing some interesting attention, mainly because they hold the rights to the software behind the tracking of these BCLOC loans, that seems to be the ace up their sleeve
Cash many among us have a great deal of experience on how these pinks work and we normally have a hunch that when things start to move like this, it isnt normal and we all know what that means, SOMETHINGS UP. I for one am a great believer in smoke signals and this company is sending up a great big one at the moment, how long do we have, is the question before the WHO behind this move, comes forward
Gem , I agree there must be a great deal of flipping going on in amongst these trades and that clouds the pattern ,but in all that 1.5 billion shares is very unusual and if you look at other stocks in this price rang its difficult to see this type of volume just for flipping
Exactly, If you had the info on what was about to unfold, would you load up prior to a big anouncement? This could well be what we are seeing. It maybe one player trying to get control, but , I think we must be close. I notice a lot of new players on this board ,how many of you have loaded up over the past two weeks? I feel it cannot account for nearly 1.5 billion shares
No this is not the company, I have been told first hand. My only other thoughts are these are the players who have put the money up in the first BCLOC. There have been a number of investors involved in raising the $9 million, maybe they have decided this worth a punt in what is about to unfold
I have followed this company for over 12 months and been in close contact. Two things now puzzle me, one is this pattern does not follow any more dilution, secondly this is not a company buy back, then the question is WHO and WHY is someone taking a big stake
THe first loan will be just over $9 million,small change. But I now believe we have others in the wings, who think this could be the way forward in secure loans, looking forward of the subprime issues
I know they are close to closing there first BCLOC, but it is small, maybe this is all someones needs to prove the business model works
What is going on here? nearly half a billion shares traded today and hardly any movement. Who is buying up such a large stake, any one like to hazard a guess.I have spoken to the company and they to are baffled
last two trades are green ,but this is the strangest pattern, first all red then a few greens ,but massive volume.doesn't make any sense
all the trades going through microcap level II are all red at 0.0003
Guys, all these trades are going through as red( sells) . Are we seeing more dilution here?
Can anyone clarify the dividend, if I bought and sold these shares on the 14th nov do I still qualify?
Joe if you are willing to defend your corner, then supply a phone number by which individuals like me can discuss these matters
Any thoughts as to why the stock is in free fall
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Guys There will not be a sharholders meeting
This is a smoke screen and one of Lanza's sick joke on the shareholders. It will be cancelled due to some upcoming issue
Guys I have followed this stock for a while now, not as a stock holder but as an observer ( now a stock holder). Granted many of you have been with this stock a long time and seen the price evaporate along with rising frustration. How many here truly believe that this BOD represent a new beginning for BD,I do or I wouldn't of bothered coming in. We must turn the frustration in to patience and support, I know its easy for a newbie to say, but going forward, we have to realize that the glass is half full and not half empty. As many here have pointed out the "Lanza effect" will take some un doing ,but at least we have a shot, whereas this time last week all seemed hopeless
Bird for me I would be happy if Lanza was finally gone from this company. Above all else offered and guaranteed,that would be the one I would accept in a heart beat, everything else can follow
This company can do nothing with him lurking in the shadows
I will throw my hand in to the "whats next scenario"
The Directors will hopefully
1. sit down with Lanza and spell out clearly the situation regarding any further interference ie let go or face Jail
2. Internal audit as to what Lanza legally owns and what is legally Black Dragon's
3. Bring in a reputable Oil man to go around the leases and take stock of whats what, report back on what the priorites are for the leases
4 Seek a funding stream for developing the leases further
5 Work with the TA and establish the proper share structure
6 work with another operator to develop the properties and secure the most vulnerable leases in regards to security of oil tanks
7 All of the above consolidate the share price and move forward
Taking all these points in to consideration I think we can expect a ton of positve Pr's
crude- dude it is a romantic thought that all the worlds transport could run on alcohol as an interim step towards hydrogen, however the sheer demand on grain makes that idea un workable. Grain prices are already moving to high in the USA due to demand outstripping supply.Yes it will play its part but 80 million barrels of oil/day cannot be replaced by alcohol, we simply have run out of time regarding the transition . Remember, when a haulage company buys millions of dollars worth of transport they expect that fleet to run maybe 10 years plus, mostly dependent on diesel.The oil price will continue on up and there is no magical overnight alternative, therefore we will all feel the pain soon. I know this sounds all doom and gloom but think of oil as a stock, if the price is going up and up,its because of two things , no stock available or the product made by that same company is in massive demand and it cannot be supplied quick enough, Our generation has never toiled with any strive ,but for those "realists" amongst us OIL will be the one thing we will all reflect on in the coming 10 years, and I know what your thinking ,yes we will benefit short term in oil stocks, but sadly that will be soon forgotten when reality of our situation comes home. Look at Bush itching for IRAN ,he cannot wait to get his hands on all that oil
Guys I live in the UK and for those of you who think Gas is expensive in the Great USA at $3+, spare a thought for the brits who pay "$9 a gallon" at the moment and rising
I agree but if you check ,i think lanz's printing press may have seen over that number
I was told by the company that the shares out there currently stand at 140 million