I did, Alpha. I didn't get to meet Floyd but I did meet their VP of Finance, Bob Currier. He's a balding guy with big ears who has an actual office in the building where they are based in Dallas, TX. I DID see FS's office, but he was out of town at the time. Mr. Currier was kind enough to take me on a mini tour of some of their TX properties and he showed me some detailed maps of all of their leases (except for the one they just acquired in Creek County ... this was before that). Now, they COULD be running a scam, but if they are, they're running a very elaborate one and going out of their way to seem legit. From what I saw, this is a legit company. Also, as I've said before, I get the feeling that they're serious about becoming profitable, but that thei fallback position is to create a company that is worth more than the sum of its parts (wells and pipelines). Before I actually visited them I used to play this stock as a swing trade when it was still copper (when it oscillated between .014 and .021) and I actually made a good deal doing that, so I've been in this stock for a while. It wasn't until after I visited the company and saw ops with my own eyes that I decided to accumulate and go long. Regardless of what certain people on here might have to say about me, I really do have over 100MM shares now (130MM to be exact, with an average cost basis of .0004 per share). I'm not happy with the dilution either, but if you've been watching and keeping track, someone has been accumulating billions of shares over the last few months, and it's certainly not retail investors like us. That's why I still have faith that this thing will make money at some point. I do agree that the day to day activity, as of late, has been extremely frustrating, but I honestly don't believe this is a scam. The SEC had to approve that S-1, so you know they took a hard look at the company in order to do that. In any case, I'm in it until it either goes back above my cost basis or until it goes to zero bid. I've always looked at this as if I was a wildcatter out there drilling and hoping to hit black gold, myself, so if it fails, I have no one to blame but myself. I wish they'd hurry up and produce some positive results, too, but all I can do is hold and try to be patient at this point. I'm simply unwilling to sell for a 50% or more loss. I might as well lose all of it if I'm going to do that. I have plenty of other investments that more than offset any losses I might have if my PEII gamble crashes and burns. So, take heart ... you are NOT alone. Good luck to us all. Peace.
