With all due respect, Weren't you the one that was touting the new management's ability to do the job? Why not ask your friend Mark M. what happened?

It's no suprise to those who have been here a while.

Need more money. Need more investors. Need more wells pumping. Need pipeline deal to pay. Need communication from CEO. Plenty of needs, not enough answers. See a problem here?

Not too busy with CAVU, but with other stuff. I believe he has more than one business.

Been saying that for a long time. I guess it costs too much to get it done on time. Or maybe just putting it off because other stuff he's doing is more important. Don't know.

"Not at all thrilled". That's an understatement! You put way too much faith in this black hole of a company.

30 million shares? I would say your comments carry some weight on this board (currently just under 6% of market cap). Very few posters, (non insiders) have that large a stake. At least none that have admitted to it.
If and when you decide to sell, there will be an impact on share price unless there is seroius upside momemtum.
Based on past experience, it takes a "big news" PR to move this with any sort of volume (5-10 million or more in a day).
The last one was March 2013, I believe that was around the time when you "got in".
Very common for this stock to dissapoint after big PR's, sorry to say. Would love for it to be different.
With lots of vendors being paid in shares, any need for cash leads to the exits.

Now that the pipeline deal seems dead, do you really believe they will find funding for the new & existing wells? Is the market cap really valid after this recent news? I don't know. Transparency is not their strong suit. IMO

Pretty quiet around here after your analysis. It seems many are a little concerned about your dissapointment. You have been very candid and transparent. Your willingness to share your stake in this company is noble indeed. If everyone that posted shared their stake in the company they were speaking of, this would be a more enlightning place to visit. I myself have only placed a couple thousand in this company, but none the less feel dissapointed too.
I believe the financials will also be a dissapointment due to the inactivity of the prevoius few months. Hoping for a suprise. GLTA

Most on here don't own any wells so all we care about is the stock price. What could posssibly bring the stock price up based on no updates? A little promo with an optimistic PR? No one wants to touch this stock with a ten foot pole. IMO

Throwing good money after bad... sounds like an investment in CAVR.
Do you honestly believe they can get the money they need from investors to continue drilling? I think everyone that put up $ is getting dupped. If you watched a past video presentation that Billy did to new investors, you can see he is pretty slick at convincing people. When I first got in a few were touting Billy's credibility, that he was a good guy. Maybe he is, I don't know him, but he stinks at making money for investors in the oil business. IMO

Well said.

Appreciate the sincere comments. I have never been an accomplice to a promotion scheme. Can't understand how many can feel good about themselves after doing so. To each his/her own.
If you have legitimate verifiable facts to share that's one thing, to hype a bunch of others for your own personal gain is... well, a lack of character. It's obviously a problem in many facets of our world. Not here to change it, just expose it. As they say, Live and Learn.

Thanks for sharing that info. I agree with your post and now, after many losses, have the same understanding you do. What is very dissapointing about this marketplace is all the misleading information that is allowwed to be passed along without any regard as to the shareholders. How these companies are allowed to send out PR's that are full of promises, half truths and forward looking statements that cannot be verified is mind boggling. I understand as a company you have to market yourself, but with nobody looking or checking up on your statements, you can con everyone. If that's not bad enough, then the self serving pumpers come in and add their two cents worth. It really is ridiculous. IMO

You pretty much nailed it. It's like swarms of piranahs come in and chomp it up and leave you the carcass. IMO.
The problem is, people like myself get pulled in by a lot of false promises that never materialize. The question is whether it's done with hope and opportunity or deceit and manipulation? You only find out after the fact. The penny stock world operates more like a "wild west casino", you never know who really runs the house?

Been here since July 2011 Sunrise. Usually the only thing that gets the price up is when a solid pump group is buying in due to some overly optimistic PR that was sent. Lasts for a month or two then subsides. The other issue that killed alot of us was when contractors who were paid in shares decided they needed their money. That was a major breakdown in share price that took it from .02-.03 down to a penny. Stayed there until a promise to merge with a packing company, that's when a large pump group came onboard talking about 10 cents plus. Needless to say it didn't happen and the price went all the way down to .002. Since then another promise of riches to come with no follow through. Been a very frustrating ride with this stock. Unless you were part of the pump and dump group that made their money and ran. I guess anything is possible. If it happened before it can happen again. Just don't get stuck holding the bag like I did.
The song may change but the story remains the same
All my opinion and experience of course. Do your own homework and look at past posts for the track record on this one, I wish I did. Good luck.

Looks like someone wanted in really bad today. Maybe they know something we don't. :)

Apparently, more than they got.

With all the changes declared last year, it seems as though little has changed in how they execute.

"Past performance does not equal future results." Except if your stock is named CAVR. IMO

Maybe they spent all their money on a expense committee. :)

apparently not a very good one. IMO

Nothing has changed with this play, only the players.
IMO

You wouldn't happen to be Billy would you? Happy Thanksgiving!

I agree with your post. The problem with most of these companies is you don't know which of them are real and actually care about their shareholders and which one's are just money(Shares) printers for their personal gain. When companies aren't being upfront it usually means they are hiding something. It's up to you to figure it out and don't just take advice from a poster who has their own personal agenda. IMO

Calculated guesses and speculation have not played out well in the past. It's easy to see why board members have such low expectations for this company. Only a few actually believe the company will deliver on it's promises based on new management going forward. IMO

Let's see what news shows up in the coming days. Waiting:) GLTA

OK thanks Willy. Looks like Nov 20th is the big day!

Most on here are tired of promises, we want facts. IMO

Does anyone know when the next financials are due to be released?
According to OTCmarkets.com, the last quarterly was reporting as of June 30, 2012 and the last annual was reporting as of Dec 31, 2011.

Money talks...BS walks. When the money shows up in the financials, then maybe someone might take this comapany seriously. At this point, it's all speculation and hearsay. IMO

You got it right! Mr Pink

Fair enough. I guess we wait. Just getting tired of all the forward looking PR's with no revenues showing up in financials.

Slow and steady sounds good but for the price to go up, don't we have to have more buyers than sellers? Simple supply and demand.

Expectations can lead to dissapointments. Numbers have to show improving revenues not just sale of assets. Right now, all market cap is reflecting is potential value of assets for sale, isn't?

All that sounds fine and dandy but we have been hearing about that kind of stuff in PR's for a long time. If you are saying we have to hold this stock until Billy becomes the next "Jed Clampit" I don't think that's enough to get new investors on here.

Thanks for explaining how someone in the oil and gas business CAN make money. If it were that easy, everyone should make money, shouldn't they?

Why do you believe the wells they currently have can be reworked to produce oil? Why havn't they produced oil already?
Did they get some new wells? Do they have a different method for extracting the oil that gets better results than in the past?

I know more about cash flow and balancing a checkbook than CAVU does. Maybe you can elaborate on where CAVU gets it's financing.

In the past, we watched video of Billy standing in front of investors in a business meeting room making a sales pitch and offering booklets/prospectises. The pps went up a little after that.

How will they get more wells on line? Doesn't that take money?

It also works the same way when they decide to sell. To attract new buyers of shares, credibility matters. If it looks like a company is not being upfront about company information, it is harder to attract new investors. IMO

Many people here have positions. Just because someone's position is large does not mean the price will go up substantially. All it shows is your level of belief in the company and the risk you are willing to take. Was looking for more concrete information. PR's on production are difficult to verify.

When will the DTC chill and limited sign be removed?

When will the next audited financials be released?

That was my point. Same old same old. Will it ever change? Who will we get to believe this stuff anymore?

From same PR:
TULSA, Okla., May 30, 2013 /PRNewswire via COMTEX/ -- CAVU Resources, Inc. (otc pink:CAVR) today issued a Shareholder update to provide clarity on several recent corporate and operational developments.

Nothing is more important to all of us than proper execution of what we say we are going to do, and demonstrating that to our shareholders. To that end we will provide a continuous stream of information on the results.With the start up of the Chisholm lease we expect continuous production that exceeds our past results. Once we flip the switches, we will be keep shareholders updated with periodic production reports. Additionally, in the very near future we will complete the re-entry and preparation work on two more wells at Chisholm, as part of our ongoing plan to re-build production and revenues from this field," stated William Robinson, CAVU COO.

Finally, the Company has engaged a geologist and an engineering firm to complete a PV 10 Economic Study for the Hogshooter and Chisholm leases.

We are getting updates. Not sure I like them though.

From PR dated May 30, 2013
Management is pleased to report that Its subsidiary, CAVU Energy Services, Inc., has secured a development and management contract in Nowata, Oklahoma. Despite adverse weather conditions, nine of twelve wells have been reworked and are producing. This new relationship will bring in fee revenue and a carried interest in the project. Robinson stated, "We are gratified with the addition of this new contract and we are pursuing additional opportunities for revenue and a future stream of earnings that do not require the use of corporate funds."

Does anyone know if these two PR's are connected in someway?

PetroTech Oil Moves Equipment and Rigs onto the New Nowata Lease

BEDFORD, Texas, October 25, 2013 /PRNewswire/ --

PetroTech Oil and Gas, Inc. (OTC: PTOG:) announces they have scheduled to move their rigs onto the new Nowata lease in Oklahoma, to begin set up for testing and swabbing on the first of the five wells, along with evaluation of production levels based on the results. They have ordered new pump jacks and lines for installation.

"We are excited about moving this project ahead of schedule to bring production in before the end of year; we expect immediate results on the reworked wells. We will complete testing an in the Mississippi and Woodford zones. These wells could initial flow 50 to 60 barrels a day with at least 6 drilling locations spotted on our lease. We will post the results of tests next week and expect that the minimum oil produced from existing wells to be 20 barrels a day with another 300mcf of gas a day" stated Eddie Schilb, President.

Does any of this involve the partnership PTOG has been talking about?

There's not much selling because most of us are underwater at these levels. If someone can work their magic on this one to a penny or higher, you will see alot more bagholders getting out. IMO

Our supposed partners at PTOG were down today by over 12% on 3xs avg volume. I guess the news wasn't too exciting for investors over there either. At least CAVR did not fall 12% today.