Stratex Oil & Gas Holdings Inc (STTX)

[oil-investor]

Phone conversation with Stephen Funk (CEO of Stratex) 3/27/2015. I asked him why he hasn't released anything to the public about the successful drilling of the Moroni Well he said that "I am not a promotional type of guy, I don't promote. I am a production type of guy". I asked him how are people supposed to find out about this discovery? Stephen said "I don't care if people find out or not, I don't use announcements to drive up shares and I could care less what the price of the stock is". Then he offered to buy back my shares! I told him that as a CEO he should care about the share price and that if he has information that has the potential to impact investors he is obligated and that the SEC requires that he discloses that information whether he has signed confidentiality agreements with Whiting or not! His response "I don't have to file anything with the SEC!"
Thanks for nothing Stephen Funk!