matty,
How about this scenario:
"As dead as a door" and "hopeless" MAY be just what JP, his buds at the top and his legal team want you to think. Shareholders get so depressed with no info that they sell and move on. Then, the mgt that bought leases and opened wells with shareholder money can maneuver the actual assets away. Just a theory, but I smelled this possibility a long time ago. If KGLJ isn't pursuing anything in KY anymore, what are they doing with the assets?
Could it be that they intend to just change the name and start issuing shares again on the next venture using investor capital from stock sales and moneys derived from spun off hard assets in KY? I don't know. But, I've been calling for answers for weeks with no response. I know, I know, I was just being negative.
FWIW:
18 U.S.C. §§ 1961-1968
§ 1964(c) says damages x 3
