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Local, I was just refering to your statement that BDGR owns these companies. It does not. And though if a spill causes the gv't to shut the well down it would hurt us too. But it is the responsibility of the operator to clean it up. Unless of course he disapears. Then if we want the wells pumping we must do the clean up ourselves, find another operator, and chase down the previous for compansation.
Lou
Localoil,
On most things to do with wells and the oil industry, I bow to your greater knowledge.
But fourstar, Petrol, and there is one more that eludes me, are separate entities. Petrol is a public company of which Lanza runs. I believe the other two are non public corporations. One owned by Lanza and the other by one of the prev. board members.
Yes, I did say previous. They are the operators of the wells at BDGR's choosing (of course Lanza could funnel money that way.). The operators figures are what shows up on the oil pumping reports, not the owner of the lease or the well. The owner only shows up if he is also the operator.
Your are a smart guy, check them out, I'm sure you will find this close to accurate.
Lou
What I hear is that it is a huge number. Mostly because there is very little restriction on down tick selling at the pinksheets. Lets face it, most PS stocks go down the tubes. So shorting to "0" is a common occurance. Of course then there is that one in ten or 20 or even 100, that does something special. When that happens, all the shorts have to cover and it creates a buying stampeed. Under the right circomstances, we could see that here.
Lou
Local,
The spills were the operator, not BDGR. Though I can bet Lanza is trying to make it look otherwise.
Lou
spunkyknight,
You must understand, trooper and badrguy have an agenda. Think of it. No one would ever spend a second here if they didn't have a position in the stock. Maybe make a post and leave, but not hang around day after day to protect us.
Badrguy is a little whimpy, sissy who uses the name badrguy to feel better about himself.
Troop is a security guard who always wanted to be a state trooper, but couldn't pass the physical.
Lou
badrguy,
I'll take that bet. Let me know where to deliver the money.
Derekz,
As you can see, he has a different agenda. With the info he used to make his handle of badrguy, I think you can keep if of the site for a while. Even if he trys different names.
To all of us it is worth a shot.
Lou
Yankee,
Just think if that amount of unregistered shorts are realy there.
Mars, There is also another way these stocks get shorted. There are many small houses out there that take large blocks of stock from invester or insiders. Places like who Trooper and Badrguy probably work for.
Someone wants to sell 2 mil shares of XYZ. But they can't spend weeks trying to unload the stock without driving down the price. So they make a contract with the house to take the stock at the price minus 5 cents at the day the stock certs are recievd. Today XYZ is at 1.00. As soon as the house has the contract, they sell XYZ short. Remember, this is the pinksheets, there is no specialist only market makers. The short sale of 2 mil. shrs is sold, but not on up ticks, just sold at the market. The MM does not know it is a short sale. 2 mil shares sold into XYZ over 3 days or so, drops the stock to .85. On the 3rd day the stock is recieved from Joe, oops, I mean the insider. The insider gets .85-.05 or .80 for the stock. The house could just hand the stock to the MM to neutralize there position and make .20 ($400,000). Or they could pay some bashers to keep the stock down and now sell the 2 mil shares they should be covering with. Thus dropping the stock another .20 to .60 and increasing the short sale paper profit to $800,000. But why stop there. They know the insider has more shares and will keep coming back to the trough, so they keep paying the bashers and do it again with the next lot the insider wants to sell.
Did anyone notice on the 05 and 06 to sept. reports, that Mammoth corp was listed as a large shareholder? Check out just what Mammoth corp. does for a living. A DISTRIBUTOR OF LARGE BLOCKS OF STOCK.
Lou
Ruger98,
Did I do or something to you?
Derekz, What do think, is it about time to extinguish Badrguy from the board. Since I last requested it, you can see that he has brought no new info and has constantly harrassed the rest of us.
It should be obvious by now that his motives are vengence or payed bashing. Neither have a place on such a board.
Please respond at your earliest conveinience.
Lou
Badrguy,
I would welcome a lawsuit from you. It's one way to get your name and address.
Just keep on hating everyone because you made bad investments.
LOL at you.
Yes, you would think they would have gotten out at these prices. But if there is a huge number, they cannot get out without driving the price much higher. So I bet they believe the dragon is all done and they will never have to cover. It sure would be nice to prove them wrong and watch the panic. If the word around Oil City is true. We will have a field day very soon.
Lou
no comment.
Your right Yankee07, the audit is just for shareholders anyway.
Badrguy,
I haven't been ignoring it. It was delayed somewhat because they decided it was needed to go to the end of the year. But then again even you must realize by now that the audit doesn't matter and you will probably never see it anyway. And by the way, I checked, 2004 was not done, as I said before it wasn't necessary.
Yes, it is a positive, but why is another story. Never the less, none of it effects bdgr. I just wanted to show the lies that were coming from omog as to them getting legal fees. Just more lies. And now with the Lawyers gone, the suit is over. Just another nail in the shorts coffins. I'm assuming BDGR doesn't PR the stuff because it will just cause more bantering from Barnet to call attention to OMOG so he can unload more stock. The silence only hurts Barnet, not BDGR.
Here is the site for the court order.
http://www.cameraturret.com/CourtOrder%5B1%5D.01.02.14.2007MSJ.Interlocutory.SeriesDStockIssue.pdf
Trooper and Baderguy.
LOL, LOL, LOL, at you guys. LOL LOL
Does anyone know how to post a PDF. I have a copy of the summary judgement which shows that no one was chaged attorney's fees. It was crossed out by the judge. Also, BDGR's name was not included on it.
Lou
Yankee,
"You have to ask yourself if that is a halo around your head or a zero."
Beautitful!
Local,
I believe petrol is a public company that is majorly owned by Lanza. The other 2, one is owned by Lanza and 1 by another board member. None of them are owned by BDGR. That was my understanding.
Lou
Localoil,
BDGR is not the operator of these wells. So is the figure BDGR is quoting, it's net of oil after the operators take? Or is the operator paid in cash on a monthly basis no matter what the quantity of oil is?
And to badrguy, LOL like crazy at you. If you are short, your screwed.
Lou
Badrguy,
You'll never file suit. You have too big a mouth that never backs anything up. You didn't even have the balls to call me or Barry, (oops shouldn't have said balls, you might be a girl).
Again I'll retort. If this buyout is for real. The stock will go up and all will be happy. The only ones that won't be are the ones that sold too early. And not lawyer in the land would take a suit based on a traders stupidity.
Namely you.
Mars,
More than interesting.
Badrguy,
I'd check with your lawyer fisrts. It is pretty tough to win a suit when the stock goes up. Just because you sold at the wrong time does not put BDGR at fault. Just you. A suit against Lanza is another issue that would be far more likely.
Lou
Localoil,
"Is this buyout and RM gone a local rumor?"
Sorry, No Comment.
Local oil,
Is this buyout and RM gone a local rumor?
Dragonman,
Even my interperter could make sense of that.
Badrguy,
Funny how you change the subject when your wrong. You said barry isn't coming back to LA for 2 weeks. Give him a call yourself and ask about the audit. Then you can make an informative post.
Barry is in the office right now. So what are you talking about?
57, Just be sure you don't find any oil. And if you do, hope it doesn't double in price. Then you will find that important people have invested in your company instead of just us morons. Then you will be in the perdiciment(spel)as Lanza is.
Lou
57Tbird,
I didn't think you needed to borrow money. You seemed pretty well healed to me. LOL
Lou
Dragonslayer,
I know the number, I was wondering if you did.
Lou
Yankee07,
I wish I had your risk capital. I've got more shares than I should now. Let the roullet wheel spin.
Lou
DragonSlayer, I'm not a cpa, so enlighten me on why 2004 and 2005 need to be done for 2006.
And again, where, when, and at what number did you talk to RM?
Lou
Badrguy has a dictionary, he should shoot for a personality next.
Snowcrow
I believe Barry will be back in the LA office on Thurs. morning.
Try him then.
Lou
One person has said they talked to RM. Is that true? Where is dragonslayer? If you are out there, please explain exactly what RM said, what time you called, what day you called, and what number you called.
Lou