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Thank you and agreed!!
Especially when he doesn't know the details. And isn't in the position to know. He's frustrated, grasping at straws. He needs a lesson in faith and needs to quit being so insecure.
Would Jesus be proud of you now?
If I'm not mistaken you were given an offer to sell your stock. Why didn't you take it?
Lmao!! You don't know the half of it!!!
My investment IS NOT with Superior. What is it that you refuse to understand about that?? I buy 1 acre of lease from Superior. I pay a third for a quarter in a Devon or Newfield well. Devon or Newfield operates and pays me the investor. To me it's a good deal. I'm happy with what I have. Sorry that tic's you off so badly. Since you are such an expert on oil investing regarding direct investment participation programs, please tell me where I can invest anywhere else along side of Devon, Newfield or Continental? I don't know of anyplace else. To be honest, yes most are rinky dink compared to the company's I just referenced. I will also correct you again. I nor any members of Gushers have not invested in a Superior well to date. We/I have invested in Devon wells. There is a big difference. I invested in Superiors stock.
You're right. They can't. My attorney looks over everything and it's pretty well cut and dried. You can invest in other rinky dink small promotor deals, but I like running with the big dogs like Devon and Newfield. I'm staying put thank you very much fly fisherman.
I don't have the info on the Newfield wells yet. I'm waiting on that to arrive. Newfield is making some darn big wells.
I was told that Devon currently has a rig on a nearby section that is going to drill 8 wells, one after the other. All have been permitted and three have already been drilled.
I think I have this right, if I don't it's very close. I don't know all the details yet. Haven't spoken to the main man yet. I got this through another gusher investor. I need to get all the details from the horses mouth. 6 new Devon Energy wells, 1 new RedFork Energy well and 4 new Newfield Exploration wells.
Devon is getting things sorted out. I'm excited about investing with Newfield. They are getting some fantastic results.
I'm going to invest in one of the Newfield wells and one of the Devon wells. Sounds like several members of the Pa. Posse are stepping up to the plate again.
Just got word that Superior is now participating in wells being drilled by Devon Energy, Redfork Energy and Newfield Exploration.
Division orders on 14 and 24 should be forthcoming in the very near future as well.
Section 23 division orders are out. I just received mine today.
Who knows? You know about as much as I do. The management says that they are going to relist. That's all I know. It's all in their hands. We are all along for the ride at this point.
There are other investors in the other wells. I was told that 24 is completed now.
This is correct.
The gentleman we are talking about is Amish. The Amish do not believe in legal action. They would much rather pray for your soul.
Yes, he is / was the company teck guy.. He did the website for SIOR.
JRT could fill you in on Joesph Kenan. He and Joesph are very close, personal friends and communicate frequently. They share several commonalities.
Here is the problem as I see it:
1) Superior has creditors lined up at the door.
2) Superior will be lucky if they are able to remain solvent as a business.
3) Superior has very little to zero income to this point.
4) Don't worry about Superior showing a profit or making all kinds of money that common shareholders are untitled to. Simply because they haven't made it yet and they are not going to.
5) Common shareholders have financed nothing here, (you bought stock that was already trading, it was not issued to finance the wells or company) unless you purchased part of the lease and bought and paid for your appropriate amount in the well, just like JRT, myself, SE and many others.
6) This whole process is running about 6 to 8 months behind schedule. I haven't been getting checks yet. Devon has not released money to anyone that I have personally communicated with.
7) A major stockholder who holds over 18 million shares did give Superior money needed to start the audit. I hear that he sold his interest in the 4 wells and has not gotten paid back yet. (Unless it just happened recently. I do not speak with this gentleman on a regular basis)
Do not read this and think I'm sticking up for management, because I'm not. There has been zero effort put fourth on several different fronts. The CEO is not a strong business person or leader IMO. He needs to step up to the plate and be a leader. Communicate, it's not that hard. Return phone calls and emails to gusher participants, post some news on the website, etc.
I wonder if Hitman Slugger could shed any light on the matter?
What are you complaining about? You are making about a 1.00 a day of mailbox money! Lmao!!!
He ask a question. I provided a possible answer. I know what you are saying and agree with you. The auditor has no business discussing their business with Superior to an individual and are surely bound by a NDA.
I'm just guessing the auditor would be the same as they have always used. Look in the old financials and that will tell you.
In all fairness. This company was in one heck of a shape. It sure isn't out of the woods yet. But there is progress being made. There are wells drilled. There is income being produced and a few more wells are going to be drilled soon. We are in a better place than a year ago. I'm hopeful about the stock re-list.
I've been doing some figuring. To the best of my ability, even with the well cost overruns. I'm pretty sure that we will be ok here. It may not be a grand slam, but it will give us a nice return month after month for many years.
I can tell you that I'm not interested in crawling into this mess as a CEO. NO THANK YOU ALL! I also think there should be a few others ask to leave the party as well. They all have some blood on their hands to varying degrees. I don't trust them, plus how many problems do they have that we know nothing about? We have to figure out if this is really worth fighting for before we spend all kinds of money on the legal side to find out there is nothing to save and more good money was thrown after bad.
This is what I have seen and my viewpoint on Superior and Prickly Pear. This is my opinion only. I wish SE would way in, but he is too much of a gentleman for that and has better things to do.
Dan did nothing to develop this company to this point IMO. It was the efforts of SE that got us where we are. Ask JRT! Dan seems to me to be a very insecure person who likes to BS and drop names. He is a promoter, that's all!! He hasn't delivered on one thing yet. Not one! If you know of one that I don't, please fill me in! I'd love to know what he has done! As far as being educated, he is not. I was told he was a college dropout. He couldn't make the cut. Besides, he studied acting. I'm not sure how relevant that is in the oil business or to be a CEO. He was a spoiled rich boy who partied, chased women, made babys and went to nascar races with daddy. He has ZERO business experience. SE and the Kenan family brought the bulk of the money to the table. It was not Dan. He has no credibility with anyone invested in the wells. SE was the only guy involved he that has built energy company's. They should have stood aside and left him make them rich. Prickly Pear just couldn't stand to let that happen. He had to blow his mouth off and trash talk about the only guy that they had,that could get it done. SMOOOTH MOOVE, DANNY BOY!!! WHY DO YOU ACT LIKE A CHILD??!!
I am about giving credit where credit is due. Dan to his credit, has proudly accomplished the following things:
Did not place a single investor into Gushers to my knowledge.
He has let the stock get revoked.
He has pissed off numerous wealthy key investors, some who have sold their interests in the wells or currently have them for sale.
He has failed to fund the Plymouth Energy wells and lost them.
He has failed at attracting a major institutional investor.
He has failed to start the relisting process as promised.
He has failed at keeping well investors informed as well as shareholders.
He has the division orders so screwed up that DEVON's entire legal dept. can't make heads nor tails from the mess.
He has single handedly delayed checks from Devon to investors for months! With no explanation!
He does not return phone calls or emails to investors, who ask hard questions.
He gets highly pissed off if you ask him a serious question that makes him feel insecure.
He has spent money to work over an old well that now only produces salt water. Great move Prickly Pear! You have DEVON drilling new wells in your back yard, so you gamble on a rework. Still shaking my head over that one.
I think he is single handedly destroying everything that has taken place that is good.
He has transferred 50% of the assets out of SUPERIOR to his private company, paid for by GUSHERS club members, many who are stockholders. The old BAIT & SWITCH! We were clearly sold and told one thing to have another happen.
Takes more vacations than any other human being that I personally know!
This list is just from the top of my head. I'm sure if I thought about it, I could come up with some more accomplishments of his.
Agree!! He needs to get out of Dodge now!! This BS show has gone on long enough!!!
What's going on JRT?? Are we going to start to push some issues now? It's about time! I've been sick of amateur hour at the doublewide. Let the SEC, McAfee & Taft look into the situation! The division orders are screwed up and have caused a four to six month delay on payment. I for one am sick of the lack of leadership. I know several investors are talking to Gabe Bass to find out what is going on.
A total travesty. They treat investors like we are horse poop..
You were thinking the same as me. I was envisioning another GPOR, REXX or COG. I think that dream is up in smoke and yes, I'm very disappointed. It would have been a life changing event for all of us. Prickly Pear and his Jewish buddys got nothing accomplished with the company before SE arrived on the scene. I think his efforts for raising capital and getting wells drilled was a monumental feat. I think it went totally unappreciated by the Superior management. IMO Prickly Pear used him. Maybe, maybe not, but that's how I see it and yes JRT, they grabbed the low hanging fruit as soon as they could. Then they wonder why they have no credibility. Bad business move after bad business move. Can anyone really be that dumb??
That is correct, they did. What you have to understand is, what is a ton of money to some, is a mere drop in the bucket to another. He had always said this was speculation. In knowing his track record and parts of his past business history. He does not hang around long anywhere where money can't be made or management is lame. I don't know what happened and he is not the type of guy to air dirty laundry. We may never know, but I assure you, he is moving on to his next endeavor. The Gushers investors will be fine with Devon, but do not ever expect this company to ever do very much.
The word on the street is Screaming Eagle has flown the coupe! I was one of the ones hoping and praying that they would let him in. I never could see him in the mix with these guys. He is too accomplished, too smart and honest. Plus he doesn't believe in vacations! LOL!! I'm not surprised. It's a sad story for sure. Tex Moncrief once said, that boy is scary smart! Maybe he just scared them?? who knows??
GAME OVER!! STICK A FORK IN IT!!
You are correct. He has so many investors so turned off because of his childish and insecure behavior. He does not have the ability to act like a leader. I understand one prominent member of the group sold his wells back to another investor all because Prickly Pear couldn't act like a leader. The shame of it is, he doesn't realize how big of an azz he makes himself look to the rest of the world.