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That PR is so fuuny and worthless. But very creative. No one will be able to drive by the site and take pictures.
Oil drilling platforms are very expensive, you do not just rent one for a couple of months.
Only 97 feet of water, like that is no big deal.
They couldn't drill in the rain, remember!
The whole PR is nothing more than a Forward Looking Statement, the carrot has been moved out to the end of the year so they can continue to sell shares to the misinformed.
My money says that they never drill at any of these lease sites, heck they stated in several PR's that there was revenues from Buck Snag and there was none.
And with what 300 million dollars in oil and gas at Clovelly (yeah right) they are just walking away from that.
Gee I predicted the R/S, and next they will sell the rights to Clovelly, if it has any value, to a private company that they all ahve holdings in and then drill that hole.
Just like they have drilled all of us here.
train - in order for them to find oil they must first DRILL for oil.
TDNT - no I am no longer holding this pig. Nothing here but a bunch of crooks.
I think it is way past being over, she sells here shares as soon as she gets them.
And as far as a PR coming out goes IMHO you will never see another one.
rwa are you not the same rwa that said the reason they were not drilling at Clovelly ws the storm season in the Gulf?
Well, for just a few dollars you can buy a million shares of this HOG.
I agree, and I think the recent email from John should go in the John.
It should read do not say anything to investors as you may be prosecuted.
Channel - maybe we should sue your friends at MXXR?
Soon you can buy 1,000,000 shares for only $1,000.00, any fool, except German Fools, already know that the game has been over. I actually think we have no Germans here, only people posting misleading statements.
AGAIN everyone they have not PR'ed nor filed the required 8K to indicate they own anything at the Easter Bunny field, so it just is not true. IF they find gold laying on the ground MXXR gets nothings, zero, zip, nadda.
PURE BS by several posters here!
The Easter Bunny Prospect was never closed on by MXXR! So it doesn't amtter if it comes in or not!
They would have had to file an 8K and nothing ever came of it, just like the 11% increase in Clovelly, and no PR.
You will see the Easter Bunny for real before you see this dog hit 1 cents a share IMHO.
doesn't matter, the consultitutes will drive it back down by the close, they always do.
For her to get her $10,000.00 per month she needs to sell a boat load of shares, at $0.0021 she needs to sell about 4.8 million shares.
Here is Mike the Director at MXXR's cell phone number, maybe he will give you the straight scoup.;
1.310.600.6453
Train I live just north of you in southern MD.
100 degrees and in the summer time to boot!
Must be Gorebal warming from all of the hot air.
Here is a reply from John concerning an R/S dated May 23th 2007.
Subject: RE: MXXR
Date: Wed, 23 May 2007 17:49:33 -0700
Gary,
To answer some questions
1) Clovelly No. 1 we own nothing of, however, it is majority
owned by ORX and is producing 100 to 120 Bopd. Some are in line to have some access to that.
2) I do not know anything about BuckSnag #3, there is no Buck
Snag #3 that I am aware of
3) The BoD of Delaware Companies can recommend, but the Majority
shareholders do have ability to RS or increase the authorized.
4) It could be weeks or months to deal with this last interest
holder. However, certain parties including ORX have no care or desire to deal with delinquents. Life and business moves on and forward, and I am sure you know that we, our shareholders, nor ORX (a private company) are not going to sit around and wait.
5) [my statement is in quotes]" People took you at your word and all you have done is mislead them so you and the CEO could sell shares. This is heading back down as the buyers are leaving. And the stock cannot wait weeks at this point. We were lied to, there is no "rig on order"
[his reply]
and we are waiting.
"And you guys are selling into the very top of any buying and driving it back down.
In a word I am fucked, there will be no drilling at Clovelly, at
least not by MXXR."
The rest is up to you, I cannot respond to that. Why we would
never re drill Covelly? I do not know where you come up with that. Why the "Company" or "you guys" are selling makes no sense. Why you think Clovelly will be re drilled but not by "MXXR" makes no sense.
I really think you are working assiduously to get my goat. We are working diligently to make progress. There will be some stable investments and some speculative investments made towards corporate progress.
You are pushing buttons, and there is not much more to come of this dialogue, but you can play fair with me, and I will always dialogue with you. When you get angry or abusive, you know I back off.
Im leaving Louisiana tomorrow and will be in Houston tomorrow all
day. For the most part I will be completely out of pocket tomorrow.
John
TDNT - well that is exactly how they are paid, with shares, so and that is why the selling goes onunabatted, they know it is never going up.
Everyone knows that a certain someone claimed he had an email from Kon that said they were filing for BK then when caught he tried to change what he said or pretened to say he misunderstood the email, but first he said he did it to make John mad.
rwa - the problem is that the consultants have been diluting at exceedingly higher rates and not really doing anything.
cis - I have emails from John that have NOT been doctored and have misleading statements in them, and the PR's speak for themselves.
I phoned Mike the Director yesterday and his cell phone number still works. I told him that suprised me as I thought all of the consultants would now be in a country that doesn't allow extridition to the US.
So all his number is still good, and it is the only number we have for the company.
Where is channelislandsurf? Must be with his friends spending the money for all the consulting they have done.
I think this POS is done. IMHO it will never break above 1 cent, or maybe even 1/2 cent.
At the rate of misleading information and selling they are getting close to 350 million shares OS.
A 1:100 R/S from $0.0015 takes this dog to 15 cents, but reduces someone holding 1,000,000 shares to only 10,000 shares.
If your average share price pre-split was $0.01 cents that means you have $10,000.00 in the stock.
At 15 cents your shares are now worth $1,500.00!
And the OS would be 4,000,000 shares.
Your new average share price would be $1.00. Meaning this POS would need to reach $1.00 for you to break even.
Does anyone here from what we have seen already really think that for one minute the consultants would not be selling into a 15 cent price!
rwa - they just give the creditors a stake in the private compnay and the creditors are happy as a pig in MXXR.
rwa - a R/S at $0.002 at 1:4 means if you owned 100,000 shares at 7 cents your cost was $7,000.00.
At the split you would have 25,000 shares and the new shares price would be $0.008.
To break even you need to share price to get to $0.28 a share.
There is no way IMHO that given their history they let this get higher than 1-2 cents before they continue to dilute with their new 300,000,000 shares.
Also, they let the investors in to the private company, just not shareholders, that keeps them happy.
And where you get your 28 cents is beyond me, except you leave out they now have a reduced number of shares.
Jesus IMHO will return before this company ever sees 28 cents.
IMHO - I think this will hit 40.0015 today! And there is no buyout deal in the works. And Clovelly is not going to happen IMHO.
They IMHO are going to sell the assests to a small private company that they also own and then they will drill for the cash.
It is all summed up in one word GREED!
this storm excuse for not drilling now os way too funny. The drilling only stops at the LAST minute in the event there is a storm. They do not stop drilling in the Gulf when no storm is in route, everyone knows this except a few misguided souls.
The Slow STO indicates very heavy distribution/dilution.
The price broke below support to $0.0019, indicating to me that the company is still selling throuf support levels with no care about investors.
They are IMHO slowly bleeding this sucker dry.
They are paying themselves for doing nothing, now they have sold over 125 million shares since 2/13/07 and done nothing except make misleading statements to investors so the investors wold support the stock and not sell off.
This stock is DOA, no phones to call, noone to speak to, and no one recieves any emails from the company.
Both Clovelly and BS are not going to happen on our watch.
IMHO assests will be sold to a small private company that the insiders also own and they will drill and make all the profits.
At which point they should be subject to a neck-tie party.
Mike, as sad as it is to face the truth the only answer that makes any sense is the following, which is only MHO.
They never had any intention of doing the deal, I think this is indicated by the very heavy selling into the very heart of any attempt at an upmove after the PR and TXHE's 8K.
That is when I started having doubts. Then the PR concerning tge Easter project and the wording in the PR and then after the 15 days no filing re: the closing.
It appears to me that TXHE was in on this pump & dump. Notice that TXHE's 8k was filed after the deadline for payment had ALREADY PASSED.
I would like to know if anyone at TXHE recieved shares of MXXR in exchange for this 8K and the "deal"?
If the consultants (meaning everyone there because they are all consultants) believed for one second these deals were for real they would have held their shares and waited for the PPS to climb higher. But as we know they did not and if any one were to check the OS I'll bet it is over 350 million.
Now we get a report that the website is gone, there is no phone number to call anyone at the company, even the alledged Kon is not answering his phone and I have an email from John saying Kon is out of the country for the summer and not able to be reached.
Then this happens and bang, Kon is back emailing investors.
IMHO this is down the toilet, my guess is they will sell the assests (Clovelly) to a private company, which they will also own huge parts of, then they will go back and drill Clovelly, and fix Buck Snag and pump the assests out just as they have pumped the assests out of the investors.
As I mentioned already, one who used to post here claiming to know the insiders is now no longer posting.
the truth is there is no company office for them to turn the lights off, they rented a virtual office with a bimbo that answers the phone lines for maybe 40=50 such empty sites, all there was was an answering machine that she forwarded all phone calls to.
And someone even suggesting that they think there may b e merger with TXHe is pure BS.
BOOM, BOOM! OUT GO THE LIGHTS.
I have found that difficult direct questions will not be answered. And the heavy dilution is right on. The website is DOA is one more sign, they are getting ready to turn out the lights if they had a real office.
I do not think they are in merger talks with anyone as someone here suggested.
I also notice that friends of insiders who also surf no longer are posting.
I guess they needed money for fireworks and beer! At least it appears we have lost Oilcrook.
It isn't high volume that means the price is on it's way up. It is the directioin of the huge volume that determines that.
If most of the buying ios at the bid that is the direction of the PPS, if most of the volume is at the ask then that is the way it is heading.
My thoughts at this point is the company/consultitutes are selling shares into a little increase in buying pressure.
The Aroon shows buying pressure is going down whhile selling pressure is at 100, which is the highest it ccan go.
Some one is unloading into whatever this is trying to do.
It is the same old song, nay attempt at an upmove is slammed.
This thing is getting hammered!
qqwmed - you are correct, at this point John cannot and should not be trusted, and Kon it goes without saying.
No one at MXXR can be trusted or believed, IMHO.
Still no SEC 8K filing regarding the Easter Prospect, so all must assume it fell thru and is not happening.
And the Clovelly deal is incumbered so it will not be drilled until the lawyers can sort it out. And I do not think the lawyers will be involved in the other lost 11%, I think MXXR used that deal as a pump and that IMHO TXHE was part of the phony news.
catpuff - I think your emails are 4 real.
thx for sharing them.
Cat, I do have an email where he also mentioned the other 11% and that there was one more deadbeat company.
And if he made the 65 cent claim it was a no-no as that is a very forward looking statement.
Now if he made it knowing that the deal was not going to happen then he has violated the law.
And it is not unheard of for a penny to givve one investor information but not others in hopes that he may tell his friends and a small group create enough buying pressure to move the market and then it would bring in other buyers.
Scott, I agree, but with this management group anmd the total lack of informative PR's or SEC filings they in fact invite the worse.
I think at least one here today showed his true colors and is now without any creds whatsoever.
The statement was meant to creat panic selling so someone could take advantage of it.
The same type of thing almost that constantly posting that there would be a PR on Friday for sure and then nothing. Would tend to wear people out until finally they sell off their holdings.
Well I think we all know for sure at least one here that has made up information and made claims it was from the company.
And usually my emails never contain information of a material nature.
But there was the one about funding trip to Europe.
EVER!
I did not receive any emails with that projection in them.
And my statements about dilution is based on the recent post here reporting an OS of 305,000,000 shares.
And of course the SEC filings indicate the increase qtr to qtr.
The techs also indicate heavy dilution or distribution, selling.
If they hadn't sold over 100,000,000 shares since 2/13/07 the pps would IMHO be a lot higher, maybe close to TXHE's.
But someone sells into the very heart of any buying and doesn't stop, no matter what the price is and they blast it trough support levels.
In my past experience it is usually the company via consultants.
And they do thi s when they KNWO the Pr's are nothing more then froward looking BS statements.
IMHO!
Thanks catpuff - and any emails I have posted are absolulte copies of what John sent to me!
Thanks catpuff - and any emails I have posted are absolulte copies of what John sent to me!