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How many more shares will be issued under rule 504 and how many shares paid in commissions?Also why doesn't TOM update the web page/maybe get rid of all the outdated facts,projects and outlandish claims?Also this fully reporting company lol,hasn't put out first or second quarter reports this year.Got to give away millions and millions of shares to raise even $5,000 dollars, which is 12.5 million shares at .0004.What ever happened to the 3 Neb wells announced?Oh, spin the project but not update or let us know why canceled ect.
BS,Anytime you tell people they have a 70+% chance at finding commercial deposits of oil/gas and you drill 10 times and find nothing my az is full of smoke!
You have to sell to take the tax loss,so in my opinion the tax loss was the greater gain to offset the large runup in other stocks.My Westwood One is doing the reverse split of 200 to 1,maybe a 500 to 1 RS would make this a 20 cent stock.
Been a lot more fun,but the ride would of been shorter.LOL
If you remember this was Belize Gaming Corp,before Eldorado,then in 2005 after years of failures as Belize G.C. it emerged as EDEX,are we about to be RS to death or get reemerged,I don't know but what options are there?Tom may just sell the shell.Keep all assets as money owed to him and leave your $5,000 investment worthless.But miricles could happen PIP could,sorry just grasping at straws.
The Top is right.They have obligations to fullfil,such as money,time limits,exploration commitments,finding partners,ect.to keep a percentage of a lease.Mesa is in Geosurvey's name and all other lease are in other names,which I don't recall anymore.I have never seen any of EDEX's contracts and have no clue as to what commitments,timelines are required to stay current!Just as we are not privy to the percentages of each project,some I know are 5% working interest,some more.EDEX is not the owner of any lease just a bit player.Oh,in the spirit of honesty,I just put in a buy order today at .0005.Since pip is 70% accurate in finding commercial deposits,it would have to be a total hoax to miss again.Can't wait for my first divedend check.
The cost of the company's shell takes legal time and money,thats why so many never die;just reverse split and change names,plus at .0006 the company is only worth $300,000 at 1/2 billion shares out.Only asset is a computer,no leases in edex name,no real estate,no office,no vehicles,pip isn't even owned by edex ,just 1/2 half billion pieces of paper.I'd give you a million.LOL
I ask Tom this question over a year ago.I predicted a reverse split of 500 to 1.When you have a half billion shares out,not much choice.Also if this comes true you have to pay in shares to the company that makes this reverse split happen in new stock,which gets dumped latter.And the company that sells the new shares gets a commission in more new shares,a vicious cycle.A 500 to 1 RS at .0006 gets you a stock price of 30 cents but we all know that it will trade lower because of the dilution mentioned above.Remember this takes time to do,and if the rumors aren't denied by EDEX it will drop much lower than .0006!Time for Tom to do some damage control!
I think that the conference call says they could be 40% owners,sometime in the near future.
There is one owner of PIP and he has stated before he will never patent it,cause someone would then steal it from him,also in post 20238,geo will never train anyone how to use it.I quess the same paranoia about losing it.Strange
Pip has had no commercial deposits found for Edex!0 for whatever,and the news page doesn't show what happened in Neb.Ill.ND,ect.The page should be updated to say ND a failure,Ill. a failure,Neb.don't know what happened to those 3 wells,NM a zero,with nothing ever proven.Oh and the news page saying Edex would be a fully reporting company 7 plus months ago another ommission on a never updated website.Of course you would never want to state any of the truths it would make the web site seem like everything was going to plan!LOLThe site hasn't seen the light of day in the last half year plus and you quote some sh t from Feb 2008 no releveance at all.More BS
What does it matter last news reported was in dec. of last year and same claims of 70% plus on PIP,maybe an update of the last 7 months plus a review of PIP's clear misrepresentations would make it pertinent.
Why do they always get an immediate discount to market value?If the permit is comming and fianacing going well,screw them!Buy at the market price or offer a premium!What kind of deal is goimg on?I've never seen a slow buyout at below daily trading prices.We keep seeing projected stock price of 18-29 but management keeps allowing H to buy on the cheap,below current daily ask price ,why?They have inside info that is not being shared with us!Let me buy at 25% discount!Start calling and asking management what the ?
Just the naysayers trying to drive the price down so they can pick up cheapies.LOL
But we call them lobbists.LOL
One good bribe will work wonders in Mexico,serious!It is common practice.No one will known!GET ur done.
If you read the i box it says it can tell which deposits are of commercial value and the web site says it is succsessfull in finding over 70% commercial deposits.That means it does show what is down there!And only 6 dry holes out of 50!Remember EDEX is an elephant hunter,we don't even drill sites that don't contain massive amounts of oil or gas.It always the elusive pinnicle or canyon reef that no other tech can find like PIP!
Unlike you I didn't think this was a crap shoot,gambling casino or long shot;I invested originally because of all those claims of a new tech that was better than sliced bread and just knew that if he was telling the truth we could't fail and fail and fail and fail.Did you read the claims on the web site?Did you see the video?Maybe you just throw the dice but I do DD,otherwise I'd just buy a lottery ticket!Go ahead and blame the investors,if you must,but I think everyone has been misled,lied too,and scammed.You propably think the AIG policy holders bear the blame,I tell my friend it his fault,he should of never bought that life insurance policy.
Yes,and you were very astute in reviewing Tom's Oregon education.
That is right.A lot of money was made on a percentage basis,based on this pump!Selling at a 150% gain ain't bad.Now it is going to drop back,maybe just add another zero in front.PiP,Pip,horay.The tech that is over 70% accurate at finding commercial oil and gas deposits and our elephant hunter just found another mouse fart.But that don't scare our elephant man.Go Tom,Go EDEX.
You need to keep on,keeping on!Tom doesn't like people doing DD,if you know what is going on,BS is just talk.Not one of these posters present facts just opinions.What is EDEX's percentage of this well?What formation are they drilling into?Why does the stock react then a PR.How can you get something for nothing?EDEX has no money,no more stock to sell unless you want to go over the half billion shares already out.No assets to sell,and even if there is a farts worth of gas at Mesa,no one will even think of developing a gas field till nat gas triples in price.He has gagged the stock transfer agent but claims months ago that we will be a fully reporting company!EDEX's manifesto is to find company making finds we are elephant hunters!This post like yours will recieve critism,but no one will answer a meaningful question.If everyone wasn't so critical I post more info on this well,formation ect,but all you get is crap for your research.No one begrudges EDEX shareholders success,but EDEX has to give something to get something and they have nothing to give,and outrages debts.
The well that edex has a small part in is located close to Geosurveys Office in Abilene TX.Phone 325-676-8063.Just south of Potosi Texas,and only 1/3 of a mile off of Potsi road.The field is called the Franklin West,in district 7b.The well is a traditional vertical bore going to a depth of 3900 feet.It is being called a wildcat which usually means no oil within a mile,but there is some closer north and south.Been some good % gains made in this stock.Glty,you might look at falcon oil and gas,FO.V,and I like Goro that copely has invested in.These 2 could make good returns in next quarter.
Time to wake up!This stock is close to an explosion.The Exxon deal will be hitting the media soon,and natural gas is a wanted commodity,especially any not comming from Russia.A speculative buy buy buy!Test results comming and if they are good,this will be at a dollar in a heart beat.You may have up to 60 days to accumalate.But and a big but is,if results are bad you will get a 50% hair cut overnite.I believe it is worth throwing a few hundred or a thousand at.GLTY
It is called 3D.PiP was discounted earlier because of too many failures.This well will not prove up PiP and edex % is close to zero.The next well in Texas, were they can't seem to get funding is the 5% interest well in which the new money was used to do seismic because of the first well failure on this same property.Just quessing
Buy and hold,hasn't worked for me,but picking the trading trough has,of course I sold TC and Hun at the top of the trough and they broke out and both are a dollar higher now.Maybe Gte will break out of that $3 top?Got all my mad money in Falcon Oil and Gas,and Gold Resource Corp.I expect good news soon on both and have my sell orders in.Goro should get a minning permit and Falcon hopefully gets Exxon to commit another $200 million or I won't have any mad money.Glty,still a good company
No dough today!I only have 2 stocks up and I don't believe I could buy a cup of coffee with the gain.LoL
But the record date is way past,just the money comming.Wow,I thought the market would bounce today,not free fall.I have only 2 stocks up and just barely.Glty
If oil stays or rises I agree.Always liked GTE and still watching.GLTY
Probably should of held,but a profit is a profit and still going to get a small dividend.Plus I got 100 shares that can run.Glty
I have a neighber who just got a new hip,he can kick my butt for me.He is totaly bionic.lol
I'm not for sure this rally has legs,I'm buying gold.Refinancing my house to take advantage of these artificially low rates and will pay it back with devalued future dollars.I want things that hurt when you drop it on your toes,and hope I have a job to execute this stradigy.Glty
I'd need an orange ball,snowing today in Wy.
Can't complain about a gain.You should see significant gains in GTE,if oil hits $60.Their chart showing profit differential at 40,and 60 dollar WTI is obscene.
Hun still hanging in there though.Survived the down grade and very weak quarter a lot better than I thought.I'll just forget that I own a 100 shares and see what a year from now looks like.Maybe back to 28 dollars?LOL
Nice gain for you.I'm just watching it now.Bought a little of goro, for my gold stock and folgf,for my oil stock.Falcon could hve good news in a month if Exxon exercises it option in Hungary.Drill results are looking very good,this may be largest gas field ever found in Europe.That will teach the Russians.Bought just 2300 shares at 24 cents.It will double or lose 50% when news comes.Oil price increases goes straight to the bottom line for GTE almost no hedging and I just wish I wouldn't of waited for the sub $2 day to buy.Glty
It is FO.V, I bought mine thru scottrade,they have 2 boards that are very inactive fo.v and folgf on this site.I talked to a company official and they think Exxon likes this gas field and may spend a ton of money developing it.Don't spend your grocery money on it.High risk but very high reward.
Maybe the bear market rally ended yesterday?Wish I would of sold everything but Falcon Oil and Gas!
Me too!I didn't see this 12 dollar rise in oil prices.Quess I got greedy and should of bought at 2.03 or 2.07.But I did get a dividend and some capital gains on HUN,already out of it and am buying Falcon oil and gas FO.V or folgf.It has Exxon drilling on their property and I expect news within 30 days.Only own 2100 shares at 25 cents but going after more today.At least we didn't lose money.
Nice recovery at the close,but I sold all but 100 shares:at least I made a few bucks.
Huntsman lower further into Junk status,That took the wind out of the buys!