Friday, March 15, 2019 4:17:12 PM
I still think that’s the case as I’m letting my 5 mil shares ride, otherwise I would have slowly got out like some others who made the price implode by doing so. I’ll repeat. I think any judge or jury would see that this was a well planned embezzlement and “if” we can go back after the years they’ve done this to us where we had as much as 50% and more. This can actually go to a dollar still but it’s a longer shot then a conservative 5-10 cents. It depends on pxp trading price and what Dennison recently paid , and of course the fruition of it all. If they don’t develope the damn field which looked like a guarantee only 3 months ago then obviously. This will be zero and so will pxp be zero. That’s the biggest risk as well as a paid off judge dismissing the case. Anything can happen here. If pxp finally drills forum then pxp explodes up and our chances for a settlement improve immensely. Especially with a lawsuit forcing the issue with possible jail time for the culprits if they want to risk their current path.
Summary: it’s still more likely it will go higher than bankrupt considering last we heard that it was that idiot duterte holding us up recently and not China. I’m not sure what to believe in that shady country anymore therefore it’s still a gamble. That contract announcement will change everything if or when it happens. The longer the delay the worse it looks for us and you can thank Duterte for this mess. It would have been shell developing it by now if duterte never got elected, especially with trump in office. Everything got more complicated but it’s still possible to happen
Summary: it’s still more likely it will go higher than bankrupt considering last we heard that it was that idiot duterte holding us up recently and not China. I’m not sure what to believe in that shady country anymore therefore it’s still a gamble. That contract announcement will change everything if or when it happens. The longer the delay the worse it looks for us and you can thank Duterte for this mess. It would have been shell developing it by now if duterte never got elected, especially with trump in office. Everything got more complicated but it’s still possible to happen
Recent FECOF News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/27/2025 05:07:43 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/27/2025 05:06:53 PM
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 08/26/2025 09:58:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2025 08:41:22 PM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2025 06:04:44 PM
