lets quibble
Yes test amounts were produced, test being the operative word here not production.
Lets dig since that is 2011
here is something from 2012 10K
NOTE 6 – SECURITY DEPOSITS
The Company had an aggregate of -0- and $50,000 as of December 31, 2012 and 2011, respectively, deposited in two financial institutions as collateral for posted surety bonds with various governmental agencies in Alaska and Montana as assurance for possible well-site reclamation, if required. The Company is obligated to maintain a surety bond in conjunction with certain drilling permits. In March 2011 and in September 2012, the Company cancelled two of its oil and gas surety bonds in the aggregate amount $150,000 issued to the Alaska Oil & Gas Conservation Commission (“AOGCC”) and the Matanuska-Susitna Borough Planning Commission (“Mat-Su Borough”) for its Kircher Unit state and borough drilling permits in Alaska. As a result of the bond terminations, the financial institution returned the $150,000 cash collateral to the Company. In the event that the Company re-applies for the state and borough drilling permits with the AOGCC and the Mat-Su Borough, it will be required to re-post bonds in the amount of $100,000 and $50,000, respectively.
There are no surety bonds in place, therefore no production period.
None of the information is incorrect or misleading, all matter of public record.
As for the stage of where this company is Inception was 2005 that is 10 year ago and guess what still no production.
Show me something that is positive about this company and I will gladly wave a flag!!!
OTC lists them a buyer beware for not filing - NT's are not filing!!!