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Re: JPetroInc post# 66453

Friday, 10/08/2021 11:16:34 AM

Friday, October 08, 2021 11:16:34 AM

Post# of 99478
True, we ain't seen nothing yet... bought this 5 months ago based on your recommendation on another board. Not impressed so far. Company seems to be doing some things but the share price trades in a narrow range. I'm not trading the stock because the general attitude here is that anyone selling is a fool because share price will be much higher very soon. Very soon seems to be a loosely defined term with lots of variables.

Again, not impressed so far, but then again I haven't held this turd for years like some have so my cost basis isn't $0.0001.

The big mystery here that no one seems to want to discuss is with all this financial backing being reported from behind the curtain that has allowed shares to be retired or cancelled, and new acquisitions to be made, what are these funders getting in return? With every other company financiers are issued shares or some other incentives to cause their investment of capital. I haven't seen anything like that reported here, or have I missed it? Lots of posts describing the big money investors who facilitated the cleaning up of the balance sheet, but having read the board since before my investment, no discussion of what these big money financiers are getting in return. Again, what am I missing?

Smells fishy. It seems some believe Alison can do no wrong and has an outstanding reputation and we should trust her implicitly. But Madoff was considered trustworthy based on his extensive Wall Street experience and we saw how that worked out.