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AsI said the problem is they are paying themselves millions of shares wihile doing nothing, as in ZERO.
Manville was supposed to be drilled before the end of 2006, Clovelly the first qtr this year.
Nothing was done to makeit happen.
And it appears they are still paying themseleves millions of shares for doing nothing.
Between now and August gives them enough time to sell ALL of the remaining shares.
CIS - I would love to have been there.
Drilling Clovelly THIS year when they said they were goin gto drill it in the first qtr. The porblem is they keep moving the goal posts, people get pissed because they do not return cvalls or emails for weeks upon weeks, but want people to buy their shares so they can go to the surfing events.
The recent buy at Easter was by far a stupid move.
THEY have NOt one thing producing revenues so what they ORX dude did somewhere else doesn't mean squat here.
The first qtr they did nothing but sold almost 70 million shares, had they not diluted that much we would hav emoved up from sub-penny.
Sorry to hear you actually know these POS.
THX Oil, it would be nice if John would reply to emails and also if they could make PR's that are not so full of dog dodo.
As I have stated the problem here is in the past they have mislead the market and then went silent for long peroids of time.
I guess the phones ringing at home has made a point.
Bama, I was told that that number is in fact correct.
And I called the number on the last PR and it was a fax machine.
That dude is her husband John, or I thinkk that is someone in her family.
But the number is correct!
channel are you John?
You are incorrect, until the deal is done it is a forward looking statement, no different than they hope oiul is at some spot.
The problem here is that managment misleads us time and again.
Mike the director of the company's cell phone niumber is 310.600.6453.
My guess is that whoever is angry and and hangs up the other number mentioned is John.
I have not heard from John since I asked him if he also posts here.
I IMHO think we are screwed.
Tomorrow I will post Mike the Director's cell phone number here and if you want you can call him and leave a message. He i sin CA so keep that in mind.
Scott - that is how they manipulate the technicals.
Alot of indicators are based on up and down trading volumes, if it always ends up even it doesn't change them.
The thing to watch it does it trade down all day or up all day and get walked back to even on low volume?
It is referred to as 'painting the close'.
IMHO - we have now done a retrace not a correction with an even lower low.
One reason and only one reason IMHO, the insiders/consultants/company people are diluting again/still.
The last qtr they added 70 million shares to the OS.
Now with everything moved out to August, or September it will give them time to finish the job and sell off ALL remaining approved shares.
IMHO - they are bunch of greedy bastar*s.
As has been pointed out they have lied about several issues in PR's and all the while they continue to sell shares.
With the selling they are doing we will probley break below $0.003 very soon.
They have lied too many times, they do not answer because they are selling and hoping stockholders are holding on and waiting for the 'news'.
During the last qtr they did nothing except sell 70 million shares.
The last two PR's were/are forward looking statements.
There are no doubt company people posting right here misleading us so they can sell shares.
All this is IMHO, do your own DD.
Oil - I think they are misleading you still. They are not responding to anything I have sent and no one else is reporting any emails.
Are they emailing you and you are not telling us?
They are trying to get buying pressure up, that is what that email to someone here from John was about when he stated IF all hits we are at 65 cents or something. It is one thing for me and others here to make projections but another for someone like John to do so.
Well, I hope the consultants are happy the last week, andwhoever decided to put out that Easter PR.
As long as the money continues to flow OUT of the stock someone is selling huge amounts of shares and NOT letting it move up.
Well on the one hand I hope you are correct Oil, but on the other hand because I am looking to add some shares it woiuld be alright.
But I do want to see some strength here at $0.0041 and see it hold.
BTW - the PR said they will close within 15 days, and was dated the 4th, so before the 19th of June and then the closing on the 25th for Clovelly.
I hear you oil, if the seller not stoping now we will go below $0.004.
Sounds like it to me too.
Plus they should be fat with cash themseleves when you think of the 50,000,000 shares at about 5 cents that were sold.
MACH - I agree with the private email you sent.
Hey oil are you still in or selling like crazy?
From the recent PR they indicate they have the funding, but in a round about way, read it and tell me hwat you think.
"Additionally, the Company is now positioned to aggressively exploit its properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector."
From the recent PR they indicate they have the funding, but in a round about way, read it and tell me hwat you think.
"Additionally, the Company is now positioned to aggressively exploit its properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector."
I may add to my holdings when and if the morons at MXXR stop diluting so much.
MACH - how right you are about $0.006 resistence. It would help if the consultants/company would stop selling which IMHO is what is going on.
HAs anyone heard anything from anyone at the company?
They will have to file an 8K IMHO for the colse of the Easter deal, as well as when they close on the Clovelly deal, (+11%)..
Has anyone heard from anyone at the company, I seem to be on the do not reply to list, again.
Yahoo is not a good site for that information. It is always way behind.
Those are old filings.
The remaining 122,000,000 shares are worth the following:
At $0.0043 = $524,600.00
At $0.0045 = $549,000.00
At $0.0057 = $695,400.00
At $0.05 = $6,100,000.00
So it makes more sense to hopld selling and lets rock and roll.
I think the PPS shows what we think of Easter, they of course are moron's.
They thought it would create buying pressure.
But it shows that if true they are spending more money, and nothing about Clovelly.
The R/S is his Wild ask guess
TDNW - acctually the 1BCFG was stated as .5 BCFG I think.
The 2-3 BCFG was for well number one at Bull Snag, they claim that the first well needs mech, work but I think that is not true.
The BOD could change the authorized shares to a higer level, instead of an R/S
The PR stated they will close on the Easter deal on the 15th. If that is true I would expect an upmove before. If this is a scam, then we are all in deep dodo.
Until the ASK moves up or the bid moves down there will be no trades.
Also, one would think that someone would trade at this price.
My Level II is showing a locked market at bid $0.0043 and Ask at $0.0043 since 11:17 AM.
As one blind dog to all, lets hope they get er done!
Problem is someone, maybe the idiots at the company that mislead Oil, is ahammering the PPS as it attempts to move higher.
Greedy little basta*ds.
Appears to me that we are starting to consoladate at this level and may be setting up for Monday or Tuesday to move higher.
I would expect to have the PPS move up as we get closer to the 15th and the first closing.
Any positive PR concerning Clovelly and we could igno=ite a big rally here and this board will be afire.
Scott your post woke me up
I $3.15 before commisions, too funny.
I see one trade for TXHE for 180 shares at $0.0175
NOZZ - lets hope you are correct. I hope it has bottomed at $0.004 and the bottom trading range has moved up.
The big thing here is the consultants and the company need to NOT be selling and allow the PPS to move up.
Notice the 5,000 share trades at the ask. This could mean that the MM's are holding down an upmove so they can aquire more shares.