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Wednesday, January 25, 2023 6:58:23 PM
You provide great information. I myself was pumped about the roulette wheel of commercial oil at MJ-02. I figured once the packer was in - we would hear great news.
But then YOU suddenly, but very casually started mentioning the possibility of MJ-03. While most of us where drunk on JB's "soon" prophesy and optimistic that the packer would work and ZNOG would become a rocket stock. Your pivot, abeit very sublimely, caused me to step back.
Why would you, a well respected member that everyone on ZNOG social media, requotes or reposts, post that? Many didn't catch it, but I did.
And the CFO issuing a release that was essentially already released and his "cautiously optimistic" statement and I KNEW the news was going to be bad. I sold and took my losses and frankly told folks - wait until good news happens and then buy.
You may lose a few cents, but it was better than buying on a smoke screen and then it tanking.
I say all this because, unless people KNOW you IRL - take everything you say with a grain of salt and folks should look at the facts.
The facts show this company makes little to no revenue. They don't communicate very well, at all with shareholders and they need MONEY to continue.
Desperate people do desperate things.
I personally believe they sandbagged the news and knew it was bad, but tried to prophesy the stock up to sell more for future operations. Whether that comes from a good heart to keep it going because they believe they will find commercial oil and fulfill JB's prosphesy or they like the nice money train compliments of suckers who are foolish enough to waste their hard earned money, hoping they hit the lottery!
Time will tell, which one it is! But right now in my eyes, it is looking like the latter - especially how this all recently played out.
![Bearish](/static/images/ih2-bear.png)
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