As I sat down to start into that last post, Cramer was on the tube touting the HUGE BREAKING NEWS that there is a WHOLE LOT of recently discovered probable gas reserves in the entire Appalachian Basin... trillions and trillions... that aren't being properly valued... and the companies developing it now are VASTLY undervalued as a result...
He actually called it a discovery that rivals and makes it "the next Spindle Top"... and said that there is going to be a huge "gas rush" into PA, OH, TN, WV...
If this dead horse of a manipulated stock hadn't been taken out back and shot in the head a little while back, it would probably be moving up toward $2 starting tomorrow.
And instead, we sit here without a valid registration, no quotable listing... just a twisting slowly in the wind waiting for someone to dig a hole to bury it in... unable to raise capital... while the entire rest of the world gets clued into the potential, and they all have no such limits to their ability to exploit the opportunity???
How many other little companies focused on developing the play were among the 26 taken out by the SEC ?
Still, GET IT FIXED and this thing can work. Keep puttering about claiming that trading on the gray market makes it all good... and things will soon start to get a whole lot uglier than they are now, before they can begin to get better. I'm still being patient... but I'm just not all THAT patient by temperament. Looking forward to hearing about the history of problems and the plans to fix it... from the company... SOON.
All the PR in the world doesn't make a damned bit of difference right now... because no one can buy the stock anyway, and the history of problems overwhelms any claim of value until the OBVIOUS problem is FIXED. I'd rather not have the company be putting out news about anything before they focus on the biggest news still hanging over their heads like a guillotine... which is the problems with the tainted shell... that destroys any chance of having any credibility... which is necessary for value.
AI
