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A hunch? Lol. We've been expecting something for the past 18 months. And management has told us time and time again something would be released. Better it never comes.
What on earth would make you think that? Lol
AKA it green again...AKA is up 12.5 percent. Down 27.5 percent today but come tomorrow it will be up 12.5 percent and we all will hear how great that is.
Yeah it will go up to 40 cents. Right after they do a 400:1 reverse split. Lol
I hear ya 100%!
Green again! Up 12.5 percent! It's moving. (Face palm)
Yeah, that's what I saw. Was what you said about Aflac Dan. Lol. Who is he with the company?
I thought that is what you said. No filings this year in a previous comment.
Man, this is heartbreaking. So we won't hear another word from cardinal in 4 months?! I can't stand thieves and crooks. And these guys are the worst kind. Should have sold when they were back into 0.0024. At least would have sold with a small profit. Im it a lot now. No reason to sell. Might as well gamble on the 3 percent chance that there might be a good outcome. Sweet lord
Im not going to say but his first name is the name of an old children's game.
Yep... I'm sure that's exactly what he did! Kicked most of us out of his group and blocked us on facebook. Piece of trash. And here we are. 18 months later, no...i news and the stock price down to the same range.
I was up almost 20 grand last year when it jumped to 0.0067. The stock guy I ran with said don't sell to the rest of us. You can bet you he took his money and ran. Haven't heard from that POS since. I hope I see him some day.
Well dangit! That's what we're hoping for. Lol. If it's not legit then I'm hoping for the biggest scam in penny stock history. Because once and if this pops even on fake news, I'm out. I'm still kicking myself in ass for missing out on 15 thousand profit last year when it jumped to 0.0067. I'm not letting that happen again.
But why on earth would anyone especially multiple people step in to takeover a company that would just ultimately end up with them going to jail? No one would. These guys see an opportunity. And I think they're doing their damndest to actually make money. Just nmy opinion.
My question is, why even bother with a new office, hiring new management and going through all this trouble with financials if they didn't have a plan on making any money? And does anyone on here really even care if they were fabricated? Does anyone on here really care if it is going to be another pump scam? I sure don't. I'm going to dump my shares when this thing rockets. The new investors that fall for it can be stuck with it for awhile. We know better. They should have done their due diligence. Look at mmex. Talk about a pump and dump! We all would be rich if cegx could come out with half the financials and single press release these guys did.
At least it isn't a horrible deadline. I heard by the middle of August 2 months ago. So two weeks isn't horrible. It sounds sound like they're getting close to releasing at least something.
Lol... hey, I'd be real happy if they said they had a 100 million dollar valuation. I'd get out at 7 cents and and travel the world. Lol
It won't, but a 10k followed by a PR would look mighty attractive to new investors. They might as well just release news saying they're building a 500 million dollar refinery like MME$. hahaha. Wishful thinking.
MME# made a lot of people rich and had 6 years of financials all of the sudden appear. So who knows.
I believe he is the auditor. But we heard this from the auditor at pinaki and associates 8 months back. Lol
Just remember...mm$x was 6 years behind on financials and had absolutely nothing to offer. Pps was at 0.00010. They caught up their financials and released them. Shortly after they had a press release saying they were going to build a 500 million dollar refinery. Pps jumped to 6 cents in a week. Mind you, they had 10 billion authorized shares. Cegx has 1 billion which I know you already know, but that would equivalate to 60 cents a share. And everyone knew it was all hype but it still rose that much and look at them now. It's down to CEGX levels. And I don't know about you but 60 cents a share would make most of us here rich. Is a pipe dream but cegx and its already shareholders have nothing to lose. I keep hoping one day they will release news like that even if we all know it's bullshit. Lol
Gorgeous end to another week. Smdh
Is this more speculation and he said she said because we definitely don't need more of that. Or did a higher up in the company specifically say news coming?
I agree man, but hell I've had this since last February. Might as well keep holding. Maybe in fifteen years when my son graduates high school I can pay for one semester of college.
I'm at a grand profit on this thing. So tempted to just sale and move on. Should have sold when I was up 20k a freaking year ago. Learned my lesson on trusting these crap penny stocks. Sigh
As always, you catch a little momentum and nothing. Still nothing. Like always. Always nothing. What a joke.
Well, regardless...they need to pump this so I can dump this. Lol
Looks like volume is reflecting that. This would be a great time to start releasing data.
I bought in first at .003 but luckily got my average down to .0012. I'm ready to get rid of this crap! Lol
Wow...So quiet. What's going on? I haven't seen any volume for this.
Heck no...But they do have a nice office in downtown Dallas. Lol
Me as well. Sure would be nice to hear something. Just something! Lol
Agreed!
Where's stocktrader555 saying, oh look, it's up 27% today, big things happening soon. Lol. On another note, so glad I bought this garbage when it was in the trips last year. Four million at an average of .0012. I'm still kicking myself in the butt for not selling for good profits. Oh well. Maybe next year or the year after. Or decade or never.
Yeah, I agree. It doesn't take that long. Remember MME$? They were something like six years behind on their quarterly filings. Like three times more than CEGX. It took them all of two weeks to release them all. And look at what their stock did. Went from absolutely nothing to six cents. Either management at CEGX is as dumb as rocks or they are hiding something. I'm actually going with both.
Lol...absolutely!
Come on now. Of course you have to set surface casing. They aren't drilling water wells. And we aren't talking about PVC casing either. We're talking about steel and cement going below the water table. No state would ever allow an oil well to be drilled without casing. Ever.
It would cost a lot more than 50k to drill and produce a well like that. I work with Devon Energy and it costs 100k a day just to drill. I know our wells are substantially more sophisticated and we have to pay a range and variety of different consulting and production companies but still. They have to set surface casing and cement regardless. I figure each well at that depth, with them owning their own drilling rig would cost anywhere from 200k to 300k on the low side. That involves, permits, setting the pad, fuel costs, moving the rig, casing, cement, drill time, over head costs, completions and tank batteries and pump jacks. No way they're only paying 50k a well. Lol. But it is CEGX, so it's possible. Hahaha. We look for a 4 to 1 on investment. Our over all costs per well are 5 million with a 10 thousand foot lateral. Our hole depths st total depth range from 21000 feet to 24000 feet. So we want about 20 million in production to be good. I would assume they would want to produce around 1 million slats worth over the life of the well. So 8000 to 15000 barrels on the life of that well would be deemed successful. Just a little input.