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New out
They don’t have an IR/PR firm. Soon hopefully.
All oil fields that SORC owned were SOLD read the Q. Please call Brad if you have any additional questions he is more than happy to talk to shareholders.
I agree I did the same. I bought it all the way down to the low 20s on Thursday. Smart move taking profits. Have to feed the ducks when they’re quacking.
Size buyers all over the bid
And no news?? Interesting
What new capital? I am done posting for now call him and ask he answers his phome.
From speaking with Brad since they are partial owner of cat creek they had not figured out how they will record revenues for accounting purposes. You can ask Brad yourself see what he says.
Not interested in getting into a pissing match. We all want the same thing which is the stock to go higher. Would you like to set up a conference call we can get a few people on this group and we can set it up with Brad. We can ask Brad if you actually spoke to Mark. Mark never speaks to shareholders or anyone else.
That’s funny from a person who’s been in stock for 10 days. I have no insider information only what the CFO tells me and is listed in filings.
Sure no problem. I am not on twister. I am bullshit on this for the long term because for the last nine years the company was gagged and not able to do any press releases at all due to the agreement with Allegheny. Now they are free from that agreement. They now have nine years of knowledge on over $300 million spent by Allegheny. The company is basically debt-free has over 1 million in cash and a very tight share structure. They have improved the technology dramatically over the last nine years. Again on Allegheny‘s dime. They are now free to shop this technology to other old existing oil leases to generate revenues in the future. They also have an excellent team of engineers although you will not see them as employees as of now they are very few. More to say after Q comes out.
Good research unfortunately wrong again. Lrdc will not break down revenue from cat creek. I guess no one cares to call Brad Sparks the CFO to get the real story.
Keep doubting me. I said yesterday the Q would probably be late.
That’s funny you quote old financial reports. Have you actually even called Brad and asked him anything about this company. I told you I am done I know more about this than anybody. No one wants to believe. All the newbies who bought too high are trying to pump it. I am bullish for the long term. Nothing will happen in the short term. FYI the q maybe late.
Could you please explain how you even come to a 5$ valuation?
Company doesn’t even have a IR/PR at this moment so doubt it.
For those interested call the phone number on the 8k Brad will answer. Tell him you are a shareholder and ask what SORC and LRDC own... Don’t believe me
TeaPot is sold and gone. SORC has no oil fields now. I am still bullish for the future.
Back in again thx for the cheapies
Absolutely they have some good things to work on and market to other existing ool fields world wide. They can also now press release things when they have something good to say.
Read page 14 alleghany q from 11/03/20
Form 10-Q for further information on this early redemption). SORC’s oil field assets are held for sale and consequently, were written down to estimated fair value, which reflects a significant decline in oil prices, less costs to sell. In the third quarter of 2020, certain of SORC’s oil field assets were sold at values that approximated their reduced carrying value.
Teapot is gone
I will laugh when the next Q comes out on the 14th of January after market closes and you see that teapot was sold.
Why? Are you going to call him and then take back all that you said that once he tells you what i said was true?
Done posting good luck to all.
Ok keep attacking me. Alleghany will say it in the next Q. Call Brad the CFO and ask. Don’t believe me.
Call the company speak to CFO
Tea pot was sold by alleghany. Sorc does not own it.
The truth is actually read the 8k and old filings and stop deleting my honest posts
Sec.gov
Alleghany never really broke down revenues of sorc and they wrote it off to 0. Which is why they gave it to lrdc. For now it doesnt matter sorc is nothing but the knowledge gained on alleghanys dime. The future will tell where Lrdc goes.
Really no assets maybe a little mainly knowledge and technology. The 8k will be out shortly and a Q as well to give more clarity.
Absolutely true. They can now shop the Technology that they worked on for the last eight years on Allegheny‘s dime over $300 million was spent on projects and learning.
So much mis information being said on here. Do your research do not believe what you see on Ihub. I have been involved with this company since 2011. Now that their relationship is over with alleghany they can shop their technology with other existing oil fields. They are also free now to make press releases and go in a new direction. If you have questions post here and I will try and answer.
Way way more to go. I have been here for many years. They are free now to make press releases and shop their technology.
They have over 1 million in cash and a market cap of 880 K.
News out. They are finally free....
Thx again for the panic sellers that filled me sub .30’s
Sleeping giant!!
There was a seller that they were talking about. Looks like they might’ve cleaned some of thst up.
Thanks for the cheapies. Buy fear sell greed usually works well for me.
Nice move I missed it. Get out whike u can