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Monday or Tuesday. If it doesn't come out today, is it a major loss? It's a holiday. Not much you can do today.
LMAO! Now, if they hit it above a penny and never go below it, we'll have all the money to by them there weiner pills and a tank of gas.
I'm giving him a chance. No respect, just a chance. He's going to have to earn the respect.
I'm neutral. I'm not thrilled to see ault in charge. I'm even more displeased to see rainbolt running like a little kid because he can't handle running Corestream.
Unfortunately, it gives a minute amount of credibility to the accusations that patchman had leveled against rainbolt. Even if they are false. IMO.
I can say that rainbolt didn't return calls to even ault and Gary. That isn't anything new. Listening in to the last conference call, rainbolt didn't say a thing except after ault had asked him if there were anything else to be said.
I'm not defending ault at all. To the contrary. I am however saying that Gary Patterson was in Vietnam.
If everyone is SOOOO anti Corestream all of a sudden, why waste time here bashing? Aren't you just making it a bigger loss on Tuesday when you try to dump your shares? You're probably causing yourself a bigger loss. Why waste your energy here when you're just going to move on? It does provide me a entertainment in the process, though.
You can't prove that ault is under investigation by the SEC. They can't devulge any information on any ongoing investigations. That IS a fact. To claim that ault is under investigation is, at best, speculation.
ault is still not redeemed in my eyes. He's back in charge, regardless on how anyone feels. While everyone is on a witch hunt because ault is in charge again, has ANYONE bothered to check into the background of the people running the day to day operations in the 1600 acre oil fields?
As much as I have a dislike of ault, I'm going to see what happens. It's always a gamble. I've come this far, I'm gonna see how it goes. If it dips into the triple 0's again before we get oil production stats, I'm buying a few million shares more.
He WAS out of the country.
Says alot when someone who sued you wants to reinvest in your company. I still don't like ault.
Do a background search on the plantiffs and what they are doing now. Interesting......
Since there is a lot more positive than negative, I'll TRY to give ault the benefit of the doubt. For now.
And he STILL keeps up with the merger rumor.......
I love it when these types of predictions are proven wrong. BUWHAHAHAHAHHAHAHAHAHAHA!
Prediction: No matter what the PR will say, there is going to be a sell off. Jesus Christ himself could be returning and there STILL is going to be a sell off. It's not goign to be as bad as what some may say. The weak willed will be gone. Hopefully, at a triple digit loss.
As long as there is oil being produced and more wells on the way, does it REALLY matter that ault is back in charge? So, go ahead. Sell all of your shares, cause this to go down, more cheap shares for me. Let the door hit ya where the good lord split ya. Good riddance.
Release an 8K about a CEO resignation then hours later he THEN resigns. I don't think so.
Well. I'm not sure what is going on. I just repeated what the girl on the phone had told me. Take it for what it's worth. I'm guessing that there will be answers very soon. It will be damage control. IMO. I can speculate all day. The end result won't change. We'll see what's going on.
Considering that we got no word from rainbolt, that could have been a factor in his going, if he did. We'll see.
I imagine we could see a PR Tuesday or Wednesday. They've got WAY too much to answer.
Just entertain this idea. Even if rainbolt and atkins are out, with a well producing and more on the way, WHO REALLY CARES? It's the results and revenue being brought in that makes the PPS go up that we're all here for. Maybe Rainbolt wasn't up for the job. Just putting that out on the table.
I'm waiting to see. If you do decide to sell, SEE YA! The pps goes down to triple 0's, more shares for me. Oil and gas prices going sky high, Corestream starts producing, they do things legitimately, I'm fine with that.
RAINBOLT IS STILL WITH CORESTREAM!!!! Read my earlier post.
I called up the Irving office. I asked the receptionist if Chris Rainbolt was still with the company. SHE SAID YES! Don't panic JUST yet. I got the infamous, he's in a meeting response.
Yes, It freaked me out too and I ran like a little kid crying for his mama to sell my shares. Once reason stepped back in, I called and the girl on the phone confirmed that they both were still there. I canceled my sell order immediately. See if anyone can get ahold of Garry Patterson, IR, and get the quetions answered. Also, see if you can get in touch with Ault and get some answers.
I've been too sick to go anywhere, thus why I haven't made my visit.Not to mention enjoying this awesome 70 degree weather here. I don't think that anyone would appreciate me coughing all over them while I was in the office. Another resaon why I haven't been a pain in the butt to a few of you.
Mystery soilved.
CORESTREAM HAS 75% WORKING INTEREST! That answers the biggest question for some. You people really need to read the past PR's.
http://ih.advfn.com/p.php?pid=nmona&article=43989781
Better yet, how about he send me some questions he'd like to have asked? I'm going to try and get over there this afternoon or tomorrow.
Where's your proof? Back up your claim.
And the seed of rumors has been planted in hopes it germenates into something.....
Make sure you all get your torches and pitch forks prior to attending. Ugh. I actually hope some nut job from this board doesn't confront him. Visit, no problem.
And the rumor mill begins.....
I'd say a big portion of the posters on this board might have been on the assumption that we still have snow on the ground in LA and TX. It is amusing and pathetic at the same time.
What's ironic is this, the weather in Lasalle Parish, LA is warmer than the offices in Irving, TX. It has been for the past week and a half, since I've been watching it.
If I've got the energy, (wonders if anyone will catch that) I'll try and swing by their office today.
NO SNOW OR ICE AT THE WELL. To put an end once and for all this crap going on about the "weather".
http://www.weather.com/weather/tenday/71342?role=
THERE IS NO ICE OR SNOW AT THE WELL. THERE HASN'T BEEN FOR WELL OVER A WEEK AND A HALF! EXCELLENT WEATHER FOR THE NEXT 10 DAYS! THIS IS SUMMER WEATHER FOR A LOT OF YOU PEOPLE STUCK IN SNOW AND ICE! WE'RE DONE WITH THIS STUPID SUBJECT. GIVE IT A REST ALREADY! END OF DISCUSSION.
Question is, how reliable are they?
I found the link to the last conference call on Sept 1st. Scotch proves again why he's a good guy. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54012888&txt2find=conference|call
Does anyone happen to have a link or the audio to the last conference call last year?
Contrary to popular belief, the weather only had a FEW DAYS delay, at most. All the bad weather that went through 2 weeks ago melted after a few days on the ground.
What I have a big beef with, and NOT aimed at you moxy7, is this misconeption about LA has been a winter wonderland for the past few weeks. Here's a little meteorology lesson for all of you that feel that LA is artic. It only snows in the south maybe a couple of times during the winter. There is little accumulatoin. It stays on the ground for only a few days. After that, the temps rise up and melt what is on the ground VERY rapidly.
Since we all have to do our own DD, I'll leave it to you to find out for yourselves. Please, people, stop assuming that just because the news says we've got some "blizzard of the century" hitting the US and the well. You're weather is much different than it is in the south.
(shakes head at people who are this naive)
I don't see him doing a R/S. That would be shear suicide for the company's credibility. (here come the replies to the word credibility, Yeah. Why waste your time? You might get carpal tunnel)
Not sure what the heck is going on, but, I can only guess that until we start seeing revenue coming in, we're going to languish at these levels for a while.
Let it hit the triple zero's again before the next update. I'll be adding a couple million to my stash. I'm pretty much sitting back and watching the "action" on this board.
I still plan on paying a visit to the corporate office within the next few daze (days for those who are grammar nazis).
DON'T SAY THAT! That well has several miles of ice on top of it! That winter weather is a big factor in effecting Corestream. Why, it's a virtual ice age on top of the well(s). We won't see the ice thaw until June, 2020. Only Rainbolt can counter act all of this biblical ice age with a nuclear PR.
I'll give them the benefit of the doubt. For now.
Here's an interesting article that IS RELATED to Corestream. We at least have one well that is part of this count. Soon to be growing. Would be nice to get news on the status of things.
http://hosted.ap.org/dynamic/stories/U/US_RIG_COUNT?SITE=FLTAM&SECTION=US
Preach on! The pps will go up on it's own time. There's really not much we can do in the interim.
What I find funny is the "oil prices are sky rocketing, pps is going up!". If you've kept track of the price of oil on the homepage here in ihub, you'll notice that it's really not any higher than what it was for the past month or so, on average. So it's not a factor on the pps here.
Yeah. Yeah. We had a spike due to the Egypt "crisis". It caused a temporary increase in the price of oil, maybe an increase int he pps here. BUT IT WAS ALL TEMPORARY. Until we get new news, we're going to be slide ways trading. As we've done for the past month or so.
Ah. Should make for some good entertainment for you all. At least I can take some pictures off the office building.
While I'm optimistic on the prospects of the pps, I'm disappointed in the lack of communication.
For this POS? That'd be the day. What really is a good laugh is the "Dolalr a share" idea. I hope they actually get their wish come true. Being serious. I hope they do. My opinion/question, where is the SEC when you need them?