Cardinal Energy Group Inc. (fka CEGX)

[InvestorVeritas]

Any thoughts on their business game plan(if there even is one)? They claim developing oil leases and contract services for oil fields is their business model? Their actions don't show this.

Each week that passes with zero communication from management make them seem more and more incompetent.

Zero communication and Zero action make it seem like their business exists to essentially extract money out of investors by using junk assets. Then they pay themselves by funneling money back to themselves through kickbacks from inflated invoices or doing cheap work in exchange for something else?

I hope I'm wrong, but they don't provide any reasons or evidence to think otherwise.