Strat Petroleum Ltd (SPRL)

[slice8]

no reason to believe additional sells wont pop up. I also have a call into Sam. I also have been in this stock with the rest since '04. I have not sold a share, and I am now over 1MM shares with 66K loss at this point.

But unlike the others, I worry. I don't worry about the gameplan in Russia, I worry about the filings. I just can't figure the continued delays. If I get anything back from Sam on that topic, I will post.

The business plan seems to be moving forward. The dilution is to be expected. We need the financials to prove the company is for real. I trust Sam, I have spoken with him on several occasions. That is not a worry for me.

But when you get below a penny, you have to start questioning the important things. I have over 70K invested thus far. I have more room, but at this point, I have to heard and/or see something solid to buy more shares.