Blackbird Energy Inc (fka BBI)

[PlanTrader]

Hmmm, definitely a good example of buy on rumor and sell before the news. The delay was telling IMO. But I'm not sure if the whole thing is kaput, since unless they're outright lying (which happens a lot in the OTC) they have viable wells. In theory, the infrastructure issues & use of a 1/4" choke on the one well mean it might produce a lot more later on.

Or the cynical view on that is the well isn't great, so the choke thing is BS and just an excuse to avoid admitting the reality of it.

Definitely looks like a mass exodus of those hoping for gangbusters well results and a PPS runup. I wish we knew if insiders were selling now, and leading up to the news, or not.