Armada Oil Inc (fka AOILQ)

[germanium123]

I agree with post 496 and Armada should never have hired the two company employees from Lucas Energy which went broke and had to do what Armada is doing now. Producing oil is a tough business and you have to pick the best gamble or plan at hand that holds the most promise for finding more oil. had Armada studied the Garfield and Major counties of Oklahoma oil wells completed and dry holes they would or should have realized this is a lousy fishing trip and was a hit and miss operation I would never paid that kind of lease money just wait until enough drilling is done and enough dry holes and you could get leases at a fire sale. I will vote all my shares with yours against excessive salaries and stock options that are certainly not warranted at this point in time. When a company extends its credit to the limits it has to produce oil or gas or it is gone.IMO