United American Petroleum Corp (UAPC)

[mogm777]

OK OK I am blown away.. has anyone seen the stock XREG? it is another oil and gas company like UAPC but its at +0.50 cents a share??!!.. the company is barely staying afloat, they have basically no cash only around 24k in the bank ending Sept 30 2014. we have over 300k in the bank cash!


As of September 30, 2014, the Company had a cash balance of $24,310 and a working capital deficit of $171,861. For the period February 7, 2014 (inception) through September 30, 2014, the Company had a net loss of $21,491,858. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. The continuation of the Company as a going concern is dependent upon its ability to identify future investment opportunities, obtain the necessary debt or equity financing and generate earnings from future operations. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

So why in the hell are we at 0.0007??? either way we are sitting on a gold mine, because if that loser pos stock can hang around in the pennies and more since Jan 2014 how much longer til we explode here?