Cardinal Energy Group Inc. (fka CEGX)

[InvestorVeritas]

I agree. If CEGX actually has any money or legitimate projects they would publicly announce them instead of telling select people everything is awesome and wonderful.

That great to see EOI is just as worthless in an oil and gas lease development role......

Look how well these news release quotes are aging:
Tim Crawford - “We are pleased to announce the acquisition of Eagle’s assets as these assets will generate significant revenues to the Company"

Paul Carlisle - "I feel the company is strategically positioned as the result of the addition of Eagle’s existing leases and new equipment to fully develop all of the existing properties held by Cardinal Energy Group and the additional leases which will be acquired in the near future as the result of the Company’s current capital raise."

Pretty dumb on their part. If they are trying to run a scam operation they should at least have a couple of projects that produce oil or make money as a cover. When everything they do seems to make zero money, increase debt, increase lawsuits everyone will have a microscope pointed on everything they do.