He has put out 3 PR'S in last week or so, I sort of think that is trying to pump his play. I guess we will not really know 100% if it was dilution until 3rd quarter filings come out.
I do however think this will regain some of the lost PPS, but I personally do not think Vince wanted this to happen, and IMO I also think he was a big cause of this happening.
He has for over a year put out production numbers , said x amount of wells where online making money, but we never got any info to verify this. No revs or no production verification IMO is what made this go down. There is just a sentiment as this is not a play to really invest in IMO. HE COULD CHANGE THIS SO EASY, PROVE THE PRODUCTION, AND PROVE THE REVS HE HAS SAID OVER THE LAST YEAR OR SO THEY WOULD BE GETTING. If he could prove this, and its actually easy, update the Gov reporting sites and file filings which show revs. What he has done is pretty much the opposite of this to date. This is a true statement like it or not if you use the info he reported to Gov agencies, and the 1st and 2nd quarter financial info. Vince was reporting each of these, and they do not match what he has been PR'ING so its that simple really, no trust IMO. We got over 200 million shares out there, probably or at least half in the hands of regular share holders, but without confidence in him and the company or verified facts, IMO the sentiment to back this up while declining is not there. I have had many tell me they are selling and getting out and I do not blame them if they where holding long.
But yes I think there will be a short run up within next few weeks. Setting u for a great flip IMO. VINCE COULD MAKE IT A MUCH LONGER RUN with providing certain info IMO. My group and myself are as of Monday are starting to actively buy small pieces thinking it may run as I said for at least a short period.
