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I hope your right. If I'm wrong, I have my hot sauce ready to eat crow.
Phil
Now it looks like never. My take.
Stockster, difference is, I wont disappear. I'm in it just like the rest. Vested interest.
Phil
DOnt know the context...refresh me
Any update on this stock? Haven't seen a post in here the past couple weeks.
All, here's the latest response from Saner:
Dear Mr Schaefer,
I am expecting to make an announcement clarifying our position, this week. This issue is extremely sensitive for the next few days; more than that I cannot say until a decision has been made.
I think it best not to forward your remarks to Stephen Lumb; it would be counterproductive.
Mike Saner.
Draw your own conlucions from this, I wont respond until the new PR this week.
As for the previous responses in this blog, I can just say this. I think this company, e.g. "significant and powerful shareholder" were ready to bail on the shareholders in the first place. Saner called my proposal with a conference to determine our rights and actions to address the company a "shareholder revolt," with the threat of pulling all the money out of the company. Basically, I believe this was planned anyway and now he can blame the shareholders.
I'll be flying through the UK in a couple weeks back to the US (tax time) from Kazakhstan. I'm contacting the UK SE to see if there's a public file on this guy (Lumb) and see what this guy's track record is and possilby see if another complaint can be filed (on behalf of an existing shareholder-me) to see if I can start the process to get him permanently barred from trading in the UK, citing HGLC as his current scam.
YOu folks that look for a return here, I believe this is unrealistic....but will not criticize you for believing. I would never say "I told you so," but only hope for you to win. I just want you to know I'm on your side, I want to win too!!!
This week's PR will be interesting to see in the "company's position." Quite frankly, I don't think it will amount to much, as nothing Saner told me would lead me to belive the company's committed to delivering and if we do anything to protect ourselves and show concern for our investment, he'll bail on us.
Whats worse is, I see us divided in here. I meant in no way to do this, but felt the need to step up and force their hand. I genuinely hope this "nudge" gets them active and we start seeing a series of results. Pardon me if in that hope, I have a significant measure of doubt. Quite frankly, I've written this stock off so any gain afterwards is just that...a gain.
Cheers from Kazakhstan.
Phil
Benny, glad you belive I think they count on this. THe guy's track record is clear and he's already barred on the UK SE. Good luck.
Phil
I see it this way. We've taken the losses already, so anything we get back is a gain. At this point, all anyone could expect at best is to break somewhat even. I think if we push this guy in the right direction, he'll know people are serious and that his well could be cut off (newbees, like we were), and no one left to punch his ticket....all the way to his bank.
I hope for all of us and want to see people like this get what they deserve.
By the way, does anyone have contact with the SE in the UK. Since he's barred until 2010, maybe we can get him permanently barred if we can show he's at this again and that nothing's changed.
I also think we should inform all the other SE's around the world.
Your thoughts?
Phil
4th Q, thanks....trying to get Skype to see if we can conference.
ib12u, all were sent THursday-Friday this week.
Thanks for the support. It aint over yet.
Thanks for the info.
I said it time after time, I represent myself. If you dont want answers....your business. As I told Mr Saner, I would post responses here and other blogs. I think we all want answers.
I wont represent you or anyone else. But I think we need to get united and make a stand. I'm working with Skype at the moment to see about a conference call. If your not in, your business.
PD, if you haven't notices, we've been diplomatic and have been ripped off! If you want to stand alone and get taken to the cleaners and WATCH others...knock yourself out or at least enjoy the view.
I said in my respinses to him, "I dont represent anyone but myself, but have conveyed infromation from the other shareholders from the blogs."
If you want to be silent...then do so. Diplomacy's time has ended in my view and its time for them (HGLC) to start delivering.
Good luck.
From Mike Saner all, his responses:
(First mine, then his...up to today and my last email to him)
Mr Saner,
I will be organizing a meeting with all other investors to propose and investigation into the company's affairs and demand answers with results from the company's executives. Hunt Gold has repeatedly made several claims, several promises and not delivered and the shareholders are concerned.
I've written to you recently and you have chose not answered and am personally concerned with the integrity of this company and its leaders. With that, I propose you attend a conference or even hold a conference to the shareholders and answer questions (please note, provide validated answers with viable target dates for results).
Mine and other shareholder's questions begin with who are the third parties (by name and association) that are preventing this company from paying its dividends promised by end of February 2009?; When will the website be available that's taken over a year to develop?; And will the company release the "legend" on the common stock (and if so when, by what specific date)? When will the stock buy-back happen (please provide a date) and at what price will the company buy-back the stock?
If I don't receive an answer from you by Close of Business, Friday March 20th, I will personally arrange the conference with the shareholders to propose action. To be quite blunt, the shareholders are tired of seeing the press releases where promises are made, followed by excuses then or no action and no results.
Please also note, I do not want to misrepresent any other person, but am conveying information from conversations I've participated in the blogs.
With Regards,
Phil Schaefer, Shareholder
Dear Sir,
These issues are being addressed. and are our top priority. I made it very clear in a very recent Announcement that I will announce full details of this Dividend; as soon as I am sure of my facts. We are, at this time; wholly reliant upon third parties unrelated to the Company in respect hereof.
Insofar as the Dividends are concerned; an Announcement is being made next week; I cannot elaborate any further on this issue due to it very material; stemming from a proposal put to ourselves; upon which we are still deliberating.
The web site issue is being addressed; as I announced. We have numerous parties providing input; this is taking us longer than anticipated; I am personally attempting to "pull this together" over the weekend as I personally, along with the Board of Directors; are now very tired and irritated by these delays.
An extremely powerful and very significant stockholder is being consulted on all of these issues and we have assurances that this stockholder will back Management on its decisions; to be announced next week. I must however caution you that any "stockholder revolts"; could result in a very negative backlash from this stockholder which will cause significant harm to this Company. In short; this stockholder could withdraw all funding immediately if angered; or if this stockholder considered the Company to be unstable in any respect.
You may rest assured that this Company's Management is dealing with these issues; whilst continuing to grow and expand our business. My advice to you, in short, whilst appreciating your concerns; is to allow this Company's Management to deal with these issues to ensure that stockholder interests are protected and that everything remains "business as usual".
Mike Saner
Mr Saner,
I appreciate your immediate feedback. But I find no difference in the response. I asked specific questions and require specific answers:
-who are the 3rd parties (now plural) and what are their associations?
-will this announcement involve a firm date, where the shareholders will see a result?
-A direct link was posted to the company's website. It's progress after a year in my opinion is unacceptable from a professional organization. We're asking when this will be finished and accessible, with a confirmed date? Even with numerous parties, this task is over managed and if the senior management of the company cannot organize this, what would lead the shareholders to believe this same management is managing matters to our best interests.
-I take great offense of the threat of this powerful shareholder/stakeholder, who is obviously Mr Lumb. I would recommend a message get sent to him. "If you want to maintain shareholder confidence, act accordingly, e.g. "deliver."" PS We're not affraid of him and are thoroughly aware of his track record with other International Stock Markets, previous Companies that he's owned and traded with. With that, please convey "what comes around goes around." To that and to your comment, will he "back" something that provides a result and not something that eludes to an excuse or non-result?
-Stock Buy-Back. When? How? What price?
-Stock "Legends." Will they be released so the shareholders will not be bound to the timeframe? The Shareholders are quite aware of how simple the process is and that this can take less than 2-3 days.
-As for the Dividends, what facts need resolution? Who is involved in resolving the matters and when will the company executives hold them accountable for getting it done? Last matter to this. I look at this payment as a debt that is now in default. This would require an interst payment to be factored in, wouldn't you agree?
Unless this "press release" coming next week is able to provide answers with specific information, target dates and an assurance that accountability will be maintained, this press release will not gain shareholder confidence. My advice to the company and its executives (and to Mr Lumb) is to start delivering.
If the press release does not provide answers with these commitments, I will perform as previously promised and hold a shareholders meeting to discuss our rights and a potential solution to investigate the matters and involve the SEC. Please also be informed, that the SEC has been contacted and notified by several shareholders, as well as several state politicians HGLC does business in, and some of the state's Attourney General Offices.
Lastly, to summarize my position. I invested (as did many others) legitimately with this company, I expect this company to perform legitimately, as do the other shareholders.
Looking forward to the company's press release this week.
With Kind Regards,
Phil Schaefer, Shareholder
Dear Mr Schaefer,
You response and your further questions, in the opinion of our Board Of Directors' are crossing a line that would place us in legal jeopardy, we cannot answer these questions at this time.
I have been expressly instructed to say nothing whatsoever; pending further announcements.
To do so, would seriously violate material sensitive information given to a single stockholder instead of to all interested parties in an Announcement next week.
You have "involved" the name of "Stephen Lumb. Need, I say more? Your message has been passed to Stephen Lumb's Litigation Team and his Securities Attorneys; this is sadly; is a "standing order" from Stephen Lumb's Organization which we have no choice but to follow. Failure to do so; could and may well result in the destruction of this Company. I pray that you have not "started a fire that myself and my Board will be incapable of extinguishing".
Mike Saner.
Mr Saner,
That is very sad. First the company makes anouncements with promises, then makes anouncements that provides excuses, then when confronted, will ultimately blame a shareholder for the demise of the company. I will communicate this around the world over a weekend (this weekend) and in every blog I can find, as well as all trading centers I can get in touch with.
As far as Mr Lumb's litigation team.....bring it on. I hope they like trying to file suit against a shareholder in Kazakhstan.... dream on and get ready for a counter from a collective.... of the shareholders. We may not be the majority shareholders (considering we're up against as many as 2 Trillion Shares at his disposal), but we will have a collective of voices.
In reality, all we wanted were answers which would provide results. If this cant be accomplished, then the shareholders have a right to know and so do potential future investors......globally.
I will not bother to write anymore, I will do what I've promised and call a conference of the shareholders to determine our rights and discuss the issues (promises not kept, deadlines not met......all the posted information we belive to be inaccurate or false) and further decide a minority shareholder course of action (non-Board Shareholders). We will exercise our rights to the fullest and involve the appropriate authorities and governments around the world (I personally know 2 Russian Oligarchs who invested in this stock and also want answers) and will encourage them to look to their authorities for support.
I thank you for your communication and understand your position...essentially, your hands are tied.
With Kind Regards,
Phil Schaefer, Shareholder
All, sent this to Mike Saner today. Let you know the outcome.
Phil
Mr Saner,
I will be organizing a meeting with all other investors to propose and investigation into the company's affairs and demand answers with results from the company's executives. Hunt Gold has repeatedly made several claims, several promises and not delivered and the shareholders are concerned.
I've written to you recently and you have chose not answered and am personally concerned with the integrity of this company and its leaders. With that, I propose you attend a conference or even hold a conference to the shareholders and answer questions (please note, provide validated answers with viable target dates for results).
Mine and other shareholder's questions begin with who are the third parties (by name and association) that are preventing this company from paying its dividends promised by end of February 2009?; When will the website be available thats taken over a year to develop?; And will the company release the "legend" on the common stock (and if so when, by what specific date)? When will the stock buy-back happen (please provide a date) and at what price will the company buy-back the stock?
If I dont receive an answer from you by Close of Business, Friday March 20th, I will personally arrange the conference with the shareholders to propose action. To be quite blunt, the shareholders are tired of seeing the press releases where promises are made, followed by excuses then or no action and no results.
Please also note, I do not want to misrepresent any other person or shareholder, but am conveying information from conversations I've participated in in the blogs.
With Regards,
Phil Schaefer, Shareholder
Ok all...still relatively new to the stock world. 40% swing, I'm still up. As the song says "should I stay or should I go.." any advice? At the moment, with all the neg, I'm ready to run.
anyone got access to an L2 on this stock? I see the ask and the bid seperation, would like to see how deep it runs.
thanks in advance
Ok. So buying more is a good thing?
Yes, and I'm looking for one. Cadi Escalade EXT...big motor (hey, its a guy thing ok). Need to getr the gas mileage down...
Cheers,
Phil
Ok, thank you for this info. Below is a copy of the email I sent to them requesting for information.
Cheers & Hope for a Better Day,
Phil
Hi,
I am one of the many stockholders in your company and monitor and participate in the "blogs" on Patriot Energy quite often, almost daily since I've invested in the company. I am concerned, as are many others, about 1) the quality accuracy of your PR's posted and 2) specific information. Wit that, I am requesting to know the following:
-Who was the "fortune 500 company" who tested the product?
-Who is the European auto manufacturer you are in discussions with?
-Who in the Pennsylvania Auto Engineers Association is a contact to verify indorsement of your product?
-Who is the test agency that verified your product does what is says it will do?
This would help many of us who invested in Patriot Energy validate information that has been posted.
With Many Thanks & With Kind Regards,
Phil Schaefer
felling better. L2 is looking really good, back to .016, with a 30k last sale and 5k remaining...then back to .019.
Phil
Anyone have a contact for this company? I see an address in Houston, but no email address. If you could post it here, that would be cool. I'm going to ask some direct questions, like who are the contacts of all these studies, who were the test companies (fortune 500 verificaton companies) and a few more.
Why all the secrecy?
Again, if you have a contact email, thanks in advance.
L2 getting much better now. All the .015's done, moving on to .016 then .019....solid!!!
All, hold tight. L2 Looks very good. .015 .019 .021 .022 and .029 then sky high from there.
Listen, sorry if I offended anyone, just hate to see the batterbabble in here....we're trying to make money.
Yeah, I'm still way up and waiting for a deposit. Wanted to buy more of this cheap. So you dumpers, keep going for another 3 hours until that deposit hits. Then I take all of them...see. I offered one of you in at .015. You'd have made out.
Keep dumping!!!
Great deal. So are we sure the price will stabilize soon? When do we expect the updraft?
Ok, educate me. What is a 504??? I've been out of the loop and see my stock tumbling. I did some good dd on this company and thought it was in good shape, so whats the deal? Buy more, hold, sell.....talk to me. Thanks
Yeah, so all you skeptics...c'mon and sell it to me. I'll take it off your hands for say......015. Take your cash and dash!!! Even buy you a steak dinner when I cash in.
Yeah, and so is my percentage increase...pumpity-100%; pumpity-200%; pump!-339% and still on the rise!!!!
Ok, we almost made .03 yesterday, then dropped to .022. Any thoughts on today?
Yeah, but I'll be watching this one closely on the overseas markets also. Keep a close eye and never be unable to access.
Cheers,
Phil
Thanks, thats my only issue buying and raising my average. I can handle it though.
Thanks. Good deal, I'll be buying more today.
Cheers,
Phil
Ok., I dont get it. The stock stays put for weeks with a little bump with a beat...all positive blogs. Then it goes up (skyrockets up) then the bad blogs come out of the woodwork. Whats the deal? I bought into this stock with all the positives posted here and several other places.
Now, I'm on a high with the rockets red glaring and all I see in this blog are negs?????? Can someone tell me what the real deal is and not just some inflated opinionated stuff?
This stock's on and I'm on it.
Phil
You have no idea what your talking about! I've worked in Russia and Kazakhstan for the past 7 years and they have tough Environmental Standards (actually tougher than the USA), they have a hard time enforcing them unless it benefits them (yes they are corrupt).
As for Kyoto, ever see a Japanese project? I have...first hand. What a mess they make, especially in the oil and gas and construction business! Pic to prove it also. Protect the environment??? Nope, not from what I've seen. Oh, ansd the European companies? Go look at an OMV, MOL, Shell, Total and other Oil & Gas Site in, oh I dunno, say Romania, Austria, Russia, North Sea, Kazakhstan, Bulgaria....endless list. None would EVER pass Kyoto.
Even with the new "no flaring" agreements in the future, many countries are finding "loopholes" to get around it and another way of non-reporting to the OGP standards.
Last thing. I bought in at an average of .0046. With this still on the rise....how can you be negative? Sell, take the money and run...whataya nuts? I'm rid'in this train....all the way to the top! You dont wanna buy...just keep watching mine take off. In a few weeks, all you'll see is the afterburner exhaust trail. See ya!
How about doing what I proposed a week ago (if you wanna step up). How about calling the State Environmental Conservation Dept in the states these mines are in or the Federal Burough of Mines (sorry about the spelling). They have the real deal on information. If any drilling was performed, an environmental permit had to be applied for and obtained. If any actual mining permits were obtained, the BOM would have documentation on file. All this information is open to the public folks.
AND, dont forget, each webiste that sells this stock has a blog. Has anyone taken the time to post there besides here? Lets go down the list or take your pick, etrade, scottrade, forex......take your pick. Lets work together and start blogging all over the place. Again, when no one buys this stock, they'll start listening to the shareholders.
Two things to do...1) get active or 2) keep sucking your thumb over buying Lumb (sorry, couldn't resist). I'll take Etrade, who's up next?
Phil
U-N-B-E-L-E-I-V-A-B-L-E! And this is what they call "up and running now!" What a joke.
Want info...."sample text."
Here's the "crypto" in this post:
Blah, Blah, Blah
We'll belive it when we see it Mike...like when we can actually access a web site....like when we actually get the Div's.......
At the moment, "excuses" = 2; "results" = "0"
Thats the score and its the bottom of your ninth....
The hidden message...Bologna! Cna you find the letters in his response....great crypto - crap! LOL
Phil