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GMTRADES

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GMTRADES

Re: None

Monday, 09/21/2020 12:05:31 PM

Monday, September 21, 2020 12:05:31 PM

Post# of 4261

This used to be an oil company?
(worth over $2 a share)

Then we got Ira Morris ...
Paid himself 5k a month to buy out the company
and issued Class B voting stock to himself.
Then it was supposed to be into Bit Coin?
Then it was supposed to be into CBD?
Then company ran out of money and went dark.

Now the problem appears to be with IRA Morris and the SEC (again).

Maybe the unproven Bakken oil reserves are still worth something? Donald Trump has supported both the Dakota Access and Keystone XL pipelines (good for oil stocks). Joe Biden has vowed to support green energy technology (bad for oil stocks).

Maybe when the economy and the demand for oil recovers from the pandemic, US oil stocks might become viable again?
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