Hahaha the mcw/mcwef/pqeff Scam continues. An update today saying their ramping up final arrangements for the plant to start working. More like ramping up their BS. It’s been years and years and they still don’t have that little POS plant in vernal Utah up and running. What a joke.

I have been saying this for years now. This company is a scam. They are so incompetent. Everything is always “underway” and the plant should be operational “later this year” they periodically hire PR personnel to pump the stock to rob investors blind. Again I ask the question and challenge all believers of the company and the company itself. Produce the oil, and show me. All they have ever done is sell an idea. Execution on the other hand is something they can’t seem to figure out. Quite possibly because it’s all bs or they are that utterly incompetent. They are an oil company that doesn’t produce oil, they are a remediation company that doesn’t have any contracts....why??? Because it’s BS!! That’s why

Yes but the difference is Shell is a real AND relevant company. So shell getting into blockchain is a real story. PQEFF getting into blockchain is a nothing burger. PQEFF doesn't produce nor sell anything, they are nothing more than a idea for the last 10 years.

This thing going back to pennies. They are excellent scammers. Again like I have asked for years: When will you produce and sell oil like you keep saying you will. No money coming in = SCAM Start selling some oil you BUMS!

The MCWEF scam continues!!!! Or now the PQEFF scam lol. Where's the prophet "Dr Bailey" at now? I warned others that his story was a lie. Also notice that they aren't pushing this Utah oil sands BS anymore after they got caught lieing about the type of oil they could produce. Everyone this company is nothing but a scam. Do not put a lot of money into this or you will be sorry.

Wow, you guys are really duped by this company SMH. I was right about waiting this out till 2017-2018. And I will continue to make some profits off this company, but will not fail to recognize that it is a sham of a company. If they have the tech, why pay VIVAKOR (a proven scam artist) to operate for you and to use their equipment...hmmmm sound fishy? I have seen several portfolios showing "Dr Baileys" resume, but not one of them are from exxon or from when he supposedly worked for exxon. These guys couldnt do squat when oil was over 100 a barrel, what makes you think they can do anything now? And YES they have claimed that their utah plant will produce sweet crude oil which turned out to be false and they had to eat crow.

NO, revenue, no reporting, = scam

All along these sandbaggers have been selling us the dream that they had sweet crude oil. These assholes have nothing but oil for asphalt roads. And if that's the case, great PRODUCE THE SHIT AND SELL IT!!!! Clearly they cant thrive with current oil prices, so don't mislead folks and say that you can.

Headed back down to 0.10 like I said. This company stinks. Execution is a B.

Did Gerald Bailey really work for exxon? If so Ive never seen any proof of it.

wheres the revenue????

Quit trying to pump this thing man. They do not make any money nor are they producing any oil or have any remediation projects in action. Until then its poop. Will go back to 0.10 and load there

I just did lol. FREEF is a sack of shit. Took a big L on this one but ill be fine!! so long

They dont own that ship anymore.

They still have their largest ship "Sea Lady" still active. Extremely undervalued stock here.

However, I will continue to buy and sell this stock. its great. Just a concern going forward into next year.

IT was in the 10-Q sorry.

Going Concern



Our financial statements have been prepared assuming we will continue as a going concern. We have experienced substantial and recurring losses from operations, which losses have caused an accumulated deficit of $182.7 million at October 31, 2016. At October 31, 2016, we have approximately $12.5 million in cash on hand, including $6.9 million resulting from the closing of a public offering of the Company’s common stock on October 19, 2016. We generated revenues of $0.3 million and $0.6 million for the six months ended October 31, 2016 and 2015, respectively. Based on the Company’s cash and cash equivalents and marketable securities balances as of October 31, 2016, the Company believes that it will be able to finance its capital requirements and operations into at least the quarter ending January 31, 2018. The report of our independent registered public accounting firm on our consolidated financial statements filed with our Annual Report on Form 10-K for fiscal 2016, contains an explanatory paragraph regarding our ability to continue as a going concern, based on, among other factors, that our ability to continue as a going concern is dependent upon our ability to raise additional external capital and increase revenues. These factors, among others, raise substantial doubt about our ability to continue as a going concern. Our consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. We cannot assure you that we will be successful in our efforts to generate revenues, become profitable, raise additional outside capital or to continue as a going concern. If we are not successful in our efforts to raise additional capital sufficient to support our operations, we would be forced to cease operations, in which event investors would lose their entire investment in our company.

Unreal!!

lol, hasnt it already sank?? just need this turkey to get back to .0020

What is going to get this freaking stock to move up?!? So much profit is to be had if we can just get it going north!! Has anyone emailed the company, called?? Anything like that?

I was really nervous when I read through the 8K they just released. Essentially the auditors and the company are basically saying they are not sure if they will be in business by next year because they basically have no revenue to keep up with their debt. Hope they can strike an agreement with someone......

Sickening

Great news this morning. Get your nikes on cuz we're bout to run!!

Been really stagnant for a week or so now. No news from the company for over a month. Has anyone spoke to their PR department, are they responsive? This stock moves without any PR releases so if they did chances are this thing would run to 10$ no problem. IMO

Hoping another run comes quickly. Ive made some decent profits off this stock before.

FREEF kicked my ass these last 2 weeks.

Shipping stocks looking good in the pre market. Lets goooo

IS THIS TURKEY GOING TO FLY OR WHAT????

Im holding, eventually this thing has to turn around no doubt about it. I'm playing with house money, not to big of a deal to have a bad week. One favorable PR release, and we are golden. IMHO

Where can I get real time status of FREEF? Every site I have shows a 20 min delay?

I dont get your drift @Tigerwind

VETERANS QUESTION ONLY. In your gut what is the percentage chance this thing actually moves? I only got 1Mil shares and don't want to sell yet

THe only options I have are the following when I select sell: market order, limit order, stop loss, stop limit, trailing stop loss ($), trailing loss (%), trailing stop limit ($), trailing stop limit (%)

How do you GTC your shares in Fidelity?

Whats the best website to monitor the bids and asks?

Yea no kidding. It would definitely send the stock soaring if they showed some projections of the agreement they signed. My guess is its not much and therefore not worthy of such. Most likely another "test run" I wonder where they are at in Utah with oil production? But its worth a buy I think, Just wish it were back at 0.10 :))

Some good news here for all of you.


http://finance.yahoo.com/news/mcw-energy-apateq-finalize-terms-130000847.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZAM2NzZhdWhkYzFoaWMyBGcDZFhWcFpEeHVjejQ1TTJVeE9XRXdOUzB3TUdFeExUTTFNMk10T1dNNU5pMWpOMlUwWW1Nd05qUTJNbVk4Wm1sbGJHUStiV04zWldZPQRsYW5nA2VuLVVTBG9yaWdfbGFuZwNlbgRvcmlnX3JlZ2lvbgNVUwRwb3MDMARyZWdpb24DVVMEc3ltYm9sA01DV0VG?.tsrc=applewf

If tripling your money is dumb then so be it. I'll talk to you when this thing tanks again. They still haven't made any money!!! There's no serious value without revenue. It's not a new breakthrough that's lifesaving, it's oil Show me the money!!!!

I sold all my shares today ( I bought at .10 :) It doesn't matter if the company is real or not. At the moment it is a penny stock and therefore will be traded like one, which involves many p&d's. No problem making some profits while you can and hopefully buy again when it dumps and successfully jump back on when they actually produce oil or get a remediation contract and start MAKING MONEY. Until then it will be traded like a penny stock. Make some profit while/if you can. I know many bought into this company when it was around a 1.00 in 2014 or so.

Your the freaking man!!! @GitrMan. I wouldn't feel bad for one second. Mr Davey needs to understand that there is some of us with some serious money invested and their half ass vague corporate releases are very worrisome. To me they are lying in the sense that they said they could be profitable with oil prices in the 30's.

Weird.......

I emailed him 2 weeks ago and again last week. The last response I got from him was right around the same time he said he was going to energy summit. I asked how did it go and presentations etc... And he just said look at our website....

I think you should definitely call him. Keep us in the loop :)

What's up with these guys? Does anybody have any updates? Paul Davies the PR guy has been a ghost and will not return emails.....

I thought these Turkeys were profitable at 28$. Pfftt liars