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Worm, any word on the SEC. I want to sue and get my money back!!
I have sent emails with no response to that address and when you call the number listed on their website it rings no answer. Not even a messaging system announcing the company!
I hope you are saving all of these on a flash drive. This PR's can disapper off the net. Where should we go from here?
Any word from Ron Pioli?
Im in as well. I think we need to contact the company and ask for an immediate update outside of its in the attorneys hands? What is in their hands? Financing? Didnt that go through? What about the results from the field last spring? Shouldnt have anything to do with Attorney's, unless something has happened in the field that would involve legal action. I say we give them an ultimatum. You either provide an update by x date or we go SEC!
Worm - If this is the case it needs to be reported!
I too would love to see some results from this field test. I remember exactly what you are referring to. Not sure why any PR was never releasted. Is it because the T-EOR was an epic failure? If not, then why did they state they would go into production? Yet, ZERO finiancial returns in Q3 or Q4. I want to see some revenues!!! Or they can sell me back my shares at purchase price.
"Oily" has in sleezball or "Oily" as in industry knowledge....pun intended, BATTA CHING! LOL
Okay and did he happen to mention why they are not recieving revenue from wells that are currently in "production" This should have been released on THIS income statement.
So is this the "big" financing news we have been waiting for for months on end? And it is 200,000?
What are your opinnions of the PDGO JV. Anyone have opinnions of PDGO?
Do you still believe in this stock Ringworm? The doubt is getting heavier. Trying to keep the faith here....
I think the large majority of it is waiting to see what production brings to the table. Then we will see a rise. Likely wont be any real "news" for awhile. Unless they send out a press release concerning financing and the rail road deal is finalized. The one mentioned in the Q2E release. Those are the only two news events I can think of outside of production. Unless of course management throws a curveball that is strike!
Last time it was about 2 weeks late. I think this could still go up based on Q2 Finanicals. Big thing to look for is the difference in income. Where before it was 0, they had no reoccuring revenue. Now that they are producing this number should be in the postives. If not, then these wells are not producing or they havent sold anything yet. I think a better picture of this stock will come from the (late) Q3 results.
Quarterly report will be submitted late...HA! Again...Last time it dropped from .30 to this hole. Any takers on how low it will go this time?? Sub penny land anyone?
That is IF it is not late.....again!
I could never get a buy at all last week at .07 asking price was hanging in the .0805-.095 Asking price as gone up each week.
Ringworm any news on the financing? Been a few weeks, makes you begin to wonder if they are having an issue financing the company due to its current debt load and lack of incoming cash flow. Might be a tough sell unless production is showing signficant. Thought number 2 says they may be holding any news off until the debt ceiling stuff is cleared. Just thoughts on this end. Anyone else?
Hunter did you UP UP UP your asking price...LMAO
If production shows good on these two projects that are currently tapped, I would say very realistic shot.
Yes, on several occassions. I NEVER get a response. That or when trying to call.
Okay, Ringworm thank you. However, what about the production to support the financing. This company is 2 million dollars in the hole and has no cash flow to support the accumulating debt. More financing sounds like BAD news, not good news, unless there is finally some production to support the financing, not to mention the approval for such financing. So, my question is...Any word on the production that was suppose to be taking place on not, one but two of these leases? They have been at it for qtr and a half. They have to something or an idea of what these are going to be producing.
Hey Hunter, I told you to hold off. .14 was still abit high, I even held off buying on the .12 I was preaching....Glad I did whew! .6 This is a BIG BUY, in my opinion. Your still right, once we get some news this is going nowhere but up. Im thinking it is going lower so some big timers can get in and nab up LARGE chunks. I hope the theory is correct or we are toast.
Ringworm - U seem to have some contact with the company. What is going on? Where is the basement...I dont think I can handle sub penny land.
Okay, so financing is around the corner. What about the production to pay off the financing? Since production they have not released anything. After so many barrels they should be getting 100% profit. Why would they not announce this at that time? Unless.... production on these un capped wells is not going well and they have not even reached that number. I hope this is not the case and any news about production at this point would be great.
What kind of news...financial Q2 news, or news on progress?
I have told you there is a sell off and to hold off. .12 was very realistic and here we sit. I seen it hit .11 today. NOW it is value buying. .15-.16 was just hanging around at status quo. Now its time to stock up and sit and wait for the big rally.
They just did a reverse split almost a year ago. This stock is a running joke. I got caught in the last reverse split. I now only own 162 shares...WHOO HOO!
Thinking of selling some of my CTL stock and purchasing more into this. CTL just has a GREAT divedend which I dont want to lose but with that divy I have been using to purchase into this...Go figure...HA
Feel free to do so. I will hold and wait for the sell off to end.
I tend to agree with Harleyman. I dont think the sell off is completly over. Especially with oil prices now taking a hit. Those with itchy fingers to sell off their current losses and those right on the fence WILL now sell off since oil took a hit. Yes, .15 is a value but anything under .15 is even more of a value. I dont think this will get under .10 if so I am ALL over that, I think there is a good shot at .12 being the the bottom though. That is when i will strike.
Im holding off on picking up any additional shares. Unless it hits .12 or below. That is value shares for sure.
I really wanna believe this but I have heard this running on almost two years! My number one question is how high do you think this could go. I think people are really unsure of its potential. Are we looking at a potential 2-5 dollar stock or a 30-40 dollar stock. I have seen both and tend to think 2.00 may be what this is. Any thoughts?
Regardless no one is a nostradomous but I have seen this spike only to fall, correction....nose dive time after time.
According to the yahoo board. Someone found an article with an earnings release scheduled some time in mid-august. Think this could be our news.
Anyone know the cause of this PLUNGE. Right now sitting at .15 This is making it very painful for my long outlook. VERY tempted to sell off and take a couple K cut, better than losing it all. I see on the yahoo messageboard something about an earnings release coming out. Anyone hear anything on that or if it will b positive?
Financials look to be heading in the right direction from the previous submitted report.
Anyword from ringworm?
Looks like they released something. We will find out shortly.
Any ideas as to why this company changed its ticker?
Agreed! But yet here we are again...Had a nice upswing, looked like it was in take off mode and then jumped back onto the teeter totter... .33 here we are again...URG!