I too mean no offense to anyone.. Here is my explanation.
I totally understand your position and your feelings. I too am a very large stockholder, just a tad over 7 million shares. I'm also invested in four Devon wells that Superior got a free carry on. I have been on this rollercoaster ride for several years. I have spoken directly with Dan Lloyd and all the other company officers on several occasions. There have been times I would have liked to kick Dan Lloyds A$$ and there are times that I would have shook his hand. There are times that I have been extremely high and extremely low. There are several BIG investors involved here that have long term vision and a very successful track record of building companies and a couple gentleman in particular who have built multi-billion dollar E&P companies from scratch SEVERAL times. So, you see how I can be excited by that fact alone. I'm then notified about all the new developments happening within the company and how new opportunities are presenting themselves all the time. It's hard for me to not get excited about this.
It's hard for me not to get excited and mad when posters come here and make references about our "so called experts." Let me make one statement that is of fact! Superior Oil and Gas Company would not exist today without the efforts of our "so called experts." To give you some idea about what our "so called experts" have done for the company. They have paid down debt that was threatening to bankrupt the company, they have settled lawsuits, they have raised millions of dollars in investment capital to move Superior ahead, they have gone to court and fought Devon Energy (and won!) when Devon tried to walk all over little Superior. Devon got an education about who they were messing with! These "so called experts" reached into their own pockets to save and push this company ahead. IT WOULD HAVE BEEN VERY EASY FOR THEM TO FILE FOR BANKRUPTSY AND WALK AWAY!!! THEY DID NOT DO THAT!! THEY DID NOT TAKE THE EASY WAY OUT!! The actions of the "so called experts" are going to allow all of the common stockholders to profit greatly!
I get upset when people who have none to very little working knowledge of Superiors internals say: They never back up what they say. Well, I get that. That was the old management team. I will say this. I was told by Dan Lloyd just how the plan was to unfold and it has unfolded exactly they way he said it would. The next step is the stock re-list. I know they are working on it and I know it will happen. They reason for delay was that revenue from Devon was held up for seven additional months. Once again the "so called experts" reached into their own pockets to get the party started.
I get it, people are skeptical and rightly so. Every investor should have a level of skepticism about any investment. It is your choice to take what I or anyone else say's as fact or fiction. I can say to date, my reporting and conjecture as been very accurate.
As far as progress reports or press releases. Could you tell me what has happened since Section 23 was drilled? Ok, I'll tell you. Nothing has happened. Nothing to report in a press release. The next batch of wells to be drilled are just now being put together.
I would like to thank all of the "so called experts" for everything that they have done.
