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All that you list have very strong possibilities.
BUT:
-If you think that BB will eventually get the product approved for pain
-If you believe that the ROW deal for TTNP will be at least as good if not better than the BB deal.
-If you believe that gross worldwide sales could surpass $300M per year in a few years.
THEN :
Thank the folks behind this price drop, because they are handing us a gift...a buying opportunity of a lifetime.
I'm, still wondering if AppleTree is somehow behind this short attack ?
She was paid
No doubt about it
Glad to see your still here. We shared ideas on ttnp a few years back, looks like we have a bit more time to wait before we see anything close to our past projections on the share price.
Thanks Wildcat
I got a little aggravated when I started reading about folks badmouthing SE, when they really have no clue about what has gone on... and have done NOTHING to help.
Anyone else willing to jump in with actions/cash/time to try and get the company to do the right thing ? Or just keep throwing darts at the guys that tried?
Good luck to you all in either path you try! Both lead nowhere.
I'm guessing your love affair with yourself prevented you from typing that with two hands... remember to clean off the keyboard.
banished to the realm of ignored....
PP has only created confusion in whatever he gets involved in.
We invested in well #14 almost a year and a half ago.... and have still not seen a penny, because PP the moron spent all his time trying to shift portions of the well out of superior and into cactus... holding up the division orders for over a year which prevented all the investors from getting their 12% carry on the unfunded well proceeds (per our Devon contracts)
We should look to take that 12% out of PP's butt and Superiors/Cactus accounts... we got screwed because of his stupidity.
Do you folks really think they will ever put out financials that have all of these details in the footnotes?
Fat chance.
They want all of this to be beyond the two year window for financial relisting requirements. Don't look for a damn thing till they can bury the sad facts from 2014...think 2017 at best kids. And by then, all the cash from the initial wells will be spent on PP's many vacations.... and the value of this "company" will be ZERO.... and PP will be back to living on handouts from John Helton.
Hey okoilslick....
You forgot to mention the time when Dan told a potential Superior investor that he personally was working on raising the funds to buy out Sandridge.
The guy wanted to know what fantasy land Dan lived in, and how the rest of us could keep the charade going that he was actually the CEO ?!?!?!?
He thought he was on candid camera!
Hey Fly ... help us all out.
You and Geo seem to feel that you have the whole situation understood, but I'm a little confused? :
I never recall either you being on any of the countless conference calls for capital raising? or investor communications? or stock relisting? or well participation selection, that I was on?... and I was on dozens.
I don't recall getting any of your comments on the mountains of proposals and investment packages that were put together ? But I saw them all?
I don't recall you guys being on any of the calls with Greenburg, or the Land team, or the third parties that were used for moving the company forward?
I actually don't recall you guys doing anything but complaining...and asking to have your shares bought out... which you (Fly) declined to do with superior directly... and then with me personally... always claiming that you "just were just testing the waters".
Then of course when someone does back you into a corner on your useless smoke... you start sprouting off about god and your holier than thou status.
Well why don't you guys get off your high horses, call Superior yourselves, and put up the cash/time/energy that we already have, and see if you can get some results on the financials and relisting. Till then... Put a cork in it, because you are just as clueless as Dan!
People should be very clear on this:
JRT is not exaggerating in the slightest with his claims. I have seen and heard it all...directly, and the reality of the story is far worse than the negative items that JRT is outlining.
PP is not qualified to do that JRT...
Making him try could be considered cruel and unusual punishment
That is correct JRT
I was privy to the list of information that was requested by SE from SOG in order to consider a position as director. These were simple and obvious requests that any competent person would ask for before taking on that role. (standard due diligence)
Nothing and I mean NOTHING was ever produced, and the request itself seemed to start a chain reaction within the SOG fools.... since more and more incriminating items began to come to light.
Once again I put forth: YOU CAN'T FIX STUPID
I'm sure they will
Good stuff JRT. Dave is going to hurt himself laughing when he sees that! (Not to mention SE and Rich)
100% agreed
I have had the honor and pleasure of speaking with SE on a daily basis for about three years now. He is an off-the-charts good man.
His incredible business capabilities are only eclipsed by his rock solid integrity. I'm proud to be able to call him my friend.
PP was handed the opportunity to have SE right beside him in setting SOG straight. For PP to have wasted this gift is near criminal.
Actually being just a complete fool would have still worked for SOG, because SE can easily lead a fool around by his nose. But PP's real problem is that he is a pathological liar with the demeanor and temper of a 12 year old... and has proven to be as short sighted and crooked as his father was. SE had hoped he could help this guy become something, SE spent COUNTLESS hours trying to smarten PP up, but in the end, YOU CAN'T FIX STUPID.
SE and his team have spent a mountain of time and money trying to make this company into something. It appears to have been all for naught... PP and Will Lott are now in the cross hairs that they have brought upon themselves. The SEC is on the way and these two idiots have no D&O insurance.
Not really
Soon my friend.... soon.
Folks, the music is just about over.
Their is only one chair left in the game.
If SE gets it... we are golden... big time!
If SE does not... we are done... ballgame over, time to toss your tickets!
It is as simple as that.
Just in case you are wondering....
That is SE and Dan from about the 32nd through the 35th second of the clip.
(Just kidding)
Company Theme Song
For everyone's entertainment, here is a link to a group of well dressed guys playing our company theme song (Just cut and paste if the link does not work)
ENJOY!
I'm In !!!!!
Superior!!!!!
.... now where the heck are my blood pressure pills?
Well, after spending over six and half hours with him and a fellow glutton for punishment yesterday discussing Superior we all jumped in the air and exclaimed : "Were in!"
(not very high since we ate too much)
And the circus music plays on....LOL
Do I know you ?
I think we may have talked once or twice...
LOL!
PS: Do you hear that circus music in the background?
Excellent point Wildcat.
As several of our message board "visitors" like to proclaim "This scam is still revoked!".
Well, what "scam" bothers to contact their transfer agent (who has now been fully paid) to get over 1,200 names and addresses for a mass mailing? If their was no value here, why would they go through all that effort and expense?
I would also like to point out that Dan and the Company have NOT dumped the common shareholders. They could have easily put the company into Bankruptcy, let the common get wiped out, let the various debt holders pound sand, then built a new company from a clean slate. Instead, they have worked to pay down the companys obligations, and have kept the existing capital structure intact.
If that does not prove to people the level of integrity that Dan Lloyd has, nothing will.
That is a major understatement Wildcat.
The only things that have remained from the past are the company's name, and Mr. Dan Lloyd.
He finally has the support he needs to move things ahead.
I think people would be shocked if they knew some of the people and entities that have taken a keen interest in SOG.
Patience is still needed, but the rewards could be extreme.
Yes, but these wells have fairly steep depletion curves. The first checks were for about 6 months worth of production. I anticipate that an investor will have 100% of their investment back within the next twelve months. Thereafter, they should get steady checks each month (though on a declining basis)for another 10+ years. They should receive an additional 2x to 2.5x their initial investment over that time for a total cash out of 3x to 3.5x, equating to an overall IRR in the 35 to 40% range.
Not off the charts, but not bad at all.
Correction:
The initial check on the initial well on section #12 paid back 43.1% of the initial investment.
Yes
Approximately 30% of the investment in the well was returned in the first check.
Hmmmm... sounds like I'm about to get a lot busier.
Good luck with that
I have not had one legitimate seller take me up on my offer.
Folks like to point out all the things that went wrong with Superior, and claim that nothing good will ever come from it... but I don't see any of them selling their shares when given a chance to "escape"
Too funny.
No problem buddy,
Hold these long term, and we will retire early.
Sorry Junk, but the objective here is to create a ligitimate company that trades on a real exchange. Not to keep this in penny stock land. This will gain them access to the real capital markets to help the company grow.
For investors a R/S is meaningless, as they will still own the same percentage share of the company, and long term it will help grow the value and expand the multiple.
For the folks looking for a quick trade or penny flip...this will not be the place to hang out.
Hi Longinvest,
In the spirit of keeping all the information accurate for the members of this board:
To the best of my memory:
The company had 206 million shares of common outstanding at the time of the revocation. In addition, there were outstanding preferred shares that were convertable into another 140 million shares of common. That totals 346 MM shares... though it would not surprise me that by the time of relisting there will be 400MM total (That is just a guess on my part)
If they are smart they will relist and do a reverse split at the same time to clean up this mess of a share structure.
As far as the value is concerned.... a lot of work and time are still required. But based on what they have the potential to get involved in, I could see the market cap of this company reaching $800MM+ within five years. That would be around $2 per share under the existing structure... or $20 if they manage a 10 for 1 reverse.
Yum!
Where can I sign up for a case of that stuff!
Well, I guess it is better to get some Oil instead of getting Gas
LOL!
Hi JRT!
Oil Wells?
I thought this company was in the window treatment business?
Oh wait.... that's not it.... It is in the barbecue sauce business... Right?
LOL
Hi Buddy!
Nice to see you here too Junk
-Dan
Hi Wildcat !
I hope you are doing well.
I have been REALLY busy as of late.
Which I think you may already know about.
LOL
-Dan C.
Why?
I'm not sure I'm following your point/question