InvestorsHub Logo
Followers 20
Posts 3807
Boards Moderated 0
Alias Born 07/14/2005

Re: Montanore post# 12662

Monday, 08/20/2007 10:23:57 PM

Monday, August 20, 2007 10:23:57 PM

Post# of 33129
As you know, very well, no settlement with Bulldog was ever effected. There was an agreement reached, and Titan has evidently done nothing about carrying it out--probably because of its destitute state.

From that silly press release you quoted: "The payments to Bulldog Well Service will be a combination of cash and restricted stock." Not a single share of stock of any kind has been reported as issued or transferred to Bulldog since the press release. "The cash component of the settlement will come from the sale of oil and gas...." You're not saying that Titan got enough out of the 290 barrels to satisfy Bulldog, are you?

No, the much heralded "settlement" was just another empty pronouncement by Titan.