I was an investor in EDEX, believing Tom would come through this year but I spoke to him early this year about his share structure. He not willing to change his position while he dilutes shareholders he'll still have the same amount of % of EDEX stock. I told him he can't accomplish his drilling without us and look where he is now hes got to get an investment group together so he can finish North Dakota well. Tom can't dilute the shares at this price because $200,000 worth of stock at this price will turn this company share to .0000 per share. Big shot like Tom can't put up $200,000 of his own money to complete the well so he has to get an investment group, most likely he will give them convertible shares that will dilute the stock even further.
For the fellow shareholders thinking this will be a ten bagger read his latest pr, Tom says, hes ready for development of those wells. The question is those leases will expire and shareholders will get screwed again. He has no money to drill. Tom also mentions about down share price, well Tom if u can take the same risk like I did for your company maybe I'll return with my team.