InvestorsHub Logo
Followers 1
Posts 50
Boards Moderated 0
Alias Born 06/23/2003

Re: JPetroInc post# 2407

Monday, 09/18/2006 9:49:21 PM

Monday, September 18, 2006 9:49:21 PM

Post# of 97093
JP,

I've decided that this company will never be anything more than a scam. The last quarterly report made that clear, with the financing agreement for the $5 to $15 million with a nearly unheard of investment bank and a 16% sales commission, and the once again lowered conversion price of the Pinnacle note, and worst of all the CEO's resignation letter. It is clear that Keith Berman doesn't know how to or wish to build a business, he only wants to keep making deals which result in more and more stock being issued.

I've got an order in to sell just below a dollar, hopefully on Berman's next pump. The only hope here for shareholders would be for completely new management. I had hoped when I bought back in Feb that they were really serious about becoming a reputable company, but clearly they aren't. This latest interview site proves that once again.