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Re: kenco post# 13772

Thursday, 01/17/2008 10:05:58 AM

Thursday, January 17, 2008 10:05:58 AM

Post# of 45178
Kenco, this is probably correct, that even if Lanza steps down he will still own the majority of shares and will still run the company. This being the case, it is almost certain that there will never be any investment or funding group. Just will never happen with Lanza in control.

So, the only thing you have to be happy about is that Lanza is still winning and the share holders are now screwed for certain. So, let's see, there is still no audit, no Summit deal, no investor, but there are now twice as many shares out as before. Once Lanza's latest lies are apparent to everyone, we will be below a panny. And even at 100 / barrel, we will never see a profit. Lanza will go on contracting all of BDGR's business with his other companies and the money will always disappear.

I'll give you this, the new Board is worthless. They could have so easily prevented all of this that I half suspect they are part of the Lanza team. What a scam.