I think I'm gonna stop traveling...I was out most of this afternoon flying back to KC. I got ON the airplane when the last print was .019 and got OFF the plane and found, umm, yeah....pain.
Pinkyland.
Looks like we have a new base here and I'll work with what we've been dealt. I am currently red as many of you are. Even so, I am still glad for the shares I own and I still think we've got a great play brewing here. I like owning stock in an oil and gas company moving forward like this...
Sigma Global's Aggressive Agenda for 2008:
-- Hire an Investor Relations firm within the next week to enhance communication with our stakeholders
-- Finalize reverse merger in short order.
-- Enhance our standing with pinksheets.com by filing all appropriate documentation as soon as possible.
-- For the current year, we plan to accelerate development of our current production levels and production capabilities. We plan to drill several additional wells and expect to increase average daily production in each quarter of fiscal 2008. We will also significantly extend our gathering system, increase our lease position, and continue to seek strategic acquisitions. We believe these initiatives, as well as the groundwork we laid in 2007 will position us to have a significant role in the booming Oil and Gas market.
-- Improve transparency for investors with a target to move to more senior exchanges as market and financial positions suggest. Sigma will work toward completing the necessary documentation to meet the requirement of these exchanges.
-- Structure each operating subsidiary so that they can initiate an initial public offering and finally distributed to SGGC shareholders in the form of a stock dividend.
"Management plans to report regularly on progress made by the company and keep shareholder and the investment community updated," stated President Tom Jaburek.
This play is far from over IMO. Today's PR was a skeleton (that's not a criticism...I'm saying it was an outline of where they're taking Sigma in 2008).
Now I'm looking for these guys to put some meat on the bones. I think it happens sooner rather than later. At these prices, it is worth the risk IMO. The reward here could be massive very shortly...
All my posts are OPINION only. Do your own DD.