Stock promotions happen for the sole purpose of liquidating stock, which obviously didn't happen here according to SEC filings.
I have every reason to think CF would have filed notifications in accordance with the rules, but some might think that if he doesn't file financials that he might not file other required filings. However, you said the stock has not been promoted and I simply asked for evidence. If stocks were not traded in an insider's name, how are you absolutely sure the trade didn't happen?
I continue to point out that nobody here knows what the proven producing and recoverable reserves are, of any single well that Breitling has participated in.
I was referring to actual filing by the company. I never called my estimates proved producing. By definition, proved producing reserves are estimates and the only proved producing reserves I ever referred to were those estimated by the consultants of the company.
You have already said that you don't know, that you are guessing and that your guesses were for fun and should not be taken seriously. Why is this still a debate?
Because it is not. It's not what I was talking about. The wells are bad, people who know anything about estimating reserves know they are bad. The fact that you don't know they are bad, is not something I can do anything about.
While you claim that Breitling will no longer be able to attract new investment, you are already wrong.
Breitling continues to work on development and expansion of its portfolio, without the need to dilute their shareholders.
What public information is there showing they have expanded their portfolio? Isn't exchanging that kind of information the point of this forum? In the last four months how much investment money have they brought in? What leases have they bought? What producing properties have they bought. What wells have they brought on line or for that matter how many have they spudded? If they have had significant activity along those lines, then I missed it and I am wrong as you suggest.
