InvestorsHub Logo
Followers 198
Posts 9902
Boards Moderated 0
Alias Born 06/14/2006

Re: midas716 post# 24273

Sunday, 09/17/2006 9:57:32 AM

Sunday, September 17, 2006 9:57:32 AM

Post# of 79921
Sorry about the last post but it's time we as shareholders started getting some answers to some seriuos questions from management. I agree we need to make a list of questions to pose to manamgement for answers whether they like it or not. Starting with these.

Has PBLS converted and sold any A/S within the last year.

Have any Preferred shares become convertable to common shares within the last year.

What is the dollor figure for the order to Army Corps of engineers regarding the 2.5 million order and what materials were sold.

What is the well count for Mid South/Rome Oil. Last known well count was:

Phoenix Acquires Oil Lease in Wyoming for Its Mid-South/Rome Oil & Gas Division
Thursday November 3, 2005 11:55 am ET

Excerpt:
Currently Rome Oil & Gas Co. has 18 wells that are producing between 5BBL/day to 50 BBL/day each, with an average production of 26 BBL/day per well, a rate of production that is expected to increase as the new wells come on line.

That was a year ago. What is todays well count.

In another PR they stated they were going to add 5 - 10 new wells on this lease. Have They?

What if anything is Progas doing. Not one update on this since the acquisition. Why!!!

These are just a very bare minimum of questions I have to be answered. Why are we not getting regular updates on these companies.

Updating these companies should have little bearing on the audits. The audits will just need to be updated. It's just regular business. So why are we getting no and I mean no updates.

Why does this company NOT want investors to be able to figure out whats it's worth. Let's go people. It's time we dig down and find/force the answers from management.

midas


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.