Bakken Energy Corp. (BKEN)

[Jaymeinnyc]

From The DD Support Board and Fraud Research Team - - janice shell

Though I haven't taken a close look, that seems to be a fake press release. It really doesn't make any sense.

Under an older name, it filed a Form 15 to terminate registration in April 2013. But I think it may have filed the wrong kind of Form 15:

https://www.sec.gov/Archives/edgar/data/1438672/000121465913002129/0001214659-13-002129-index.htm

It then continued to file Ks and Qs. Or rather, in 2016, it filed a 10-K for the period ended 31 May 2011. And for some reason they called it a registration statement:

We will need to obtain additional financing in order to complete our business plan because we currently do not have any operations and we have no income. We do not have any arrangements for financing and we may not be able to find such financing if required. Obtaining additional financing would be subject to a number of factors, including investor sentiment. These factors may adversely affect the timing, amount, terms, or conditions of any financing that we may obtain or make any additional financing unavailable to us. If we do not obtain additional financing our business will fail. Please note that the proceeds from the sale of the securities offered in this registration statement will go directly to the selling shareholder and not to the Company. As such, this offering might negatively affect the Company’s ability to raise needed funds through a primary offering of the Company's securities in the future.

https://www.sec.gov/Archives/edgar/data/1438672/000107878216002463/f10k053111_10k.htm

It continued to catch up with filings. The last was a 10-Q fro the period ended 30 November 2015:

https://www.sec.gov/Archives/edgar/data/1438672/000107878216002500/f10q113015_10q.htm

Somewhere along the way, it'd changed its name to Bakken Energy.

So I really have no idea what's going on with it. But that PR looks phony. The company did not have its registration revoked, but it should. It's very delinquent. All the filings:

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001438672&owner=exclude&count=40&hidefilings=0