Mobilestream Oil Inc. (fka MSRM)

[FoggontheTyne]

well thanks for the links, but my query is.....is this stuff genuine? It looks like a load of hype to me. The company has some patent process that may "work" in the lab, but as to actual trading and real work.....zilch.

Meanwhile they hype up the prospects with well placed business press statements, which probably are not checked out independently....

Then they go to work on the stock, warrants, issues or whatever these manoeuvres are called, place them with "brokers" who then high pressure sell them on the phone to people like my family in the UK, who frankly don't have a clue....

Next stage in the process is to "convert" the whole operation to another entity, which in this case is Global Resource Corporation [nice name], same directors, same shareholders....

I am not convinced. If this stock is ever going to be openly traded, why start it off in the pink sheet sector [whatever that is]. I interpret pink sheet as marginal high risk investment that for some reason does not have to be registered with the SEC. Now we hear that on this latest conversion, paperwork has been filed with the SEC. Does this mean Mobilestream Oil stock purchasers have wasted their time and money, was it just bait to get investors on the hook?

I would love to read a genuine independent respectable review of the prospects of Mobilestream Oil/Global Resource Corp instead of just the parroting of their own press statements on the various sites you come across.