Tidelands Oil & Gas Corporation (TIDE)

[makesumgravy]

159 million plus 25 mil and whatever else is to come. The bottom line is the SEC needs to eliminate these S-8's for these BB's, most abuse them. This money cannot be used for acquisitions, nor pay down debt, or anything that the company can really benefit from. Its used for promos and salaries and things of this nature, but primarily for salaries.

If they do it once, twice it will always be there. If a Ceo really cares about their company and their shareholders, until the company can reach a plateau where a bonus is deserved the salaries should be modest, these are the tiniest of companies, and half a million or million dollar salaries tell they are more in it for themselves.......How about a $50,000 or even a $75,000 salary if its really needed and this is an exceptional salary. $75k when we look at this company is really exceptional.

These S-8's have no caps on them, the sky is the limit. What needs to happen is this, whether its a BB or a pink, S-8's need to be eliminated. There shouldn't be BB's or pinks or grays, but just OTC's.

All should have to file if they have the intent to raise money from the public and all should have only have the use of one or the other, 504's, 505's or 506's, and if the choice is a 504, 2 to 3 in the life of the company but none should be able to abuse this thru using them in conjunction or consecutively, one with the other. If a company can't make it on 2 to 3 million of free money raised with a 5 year time frame they never will. This is a huge advantage over private companies who do add jobs to our economy and are its backbone. They grow by hard work, alot of stress, and the knowledge of knowing they have to generate revenues to be successful and grow.

This business we see with businesses who operate on this venue is a different world entirely. It really gets old cause they are all on this ban wagon for the most part, not all but the majority..........who pays the bill?, retailers. Its one thing to let the institutions weigh in when its the seniors, they have the ability to sell out taking their tens of millions with them, but here it takes alot of retailers who work for a living, and its the retailers who they expect to enrich them, not the business by executing, and generating exceptional revenues, and hard work.

Many of these companies if not most never have more than a hand full of employees and these are usually partners.

A pink can do all 3, and can raise approx $18 mil if not mistaken. $12 mil on a 506, $5 mil on a 505, and $1 mil on a 504, and this can be done during its inception, and the company may only have a business model. The only thing a 505 and 506 are suppose to have restrictions of 2 years, but as any of us know many find ways around it, but this is the rule of the SEC.......

S-8's or free trading shares can be sold this way in any amount, $5 mil, $10 mil............etc. Often for them to get more depending on the companies share price they may r/s and then file an S-8 and then banging this up against the market-cap tells them just how much they can extract.........many of these companies do this for years, and never grow to be anything more than what they became in the first 6 months from their inception........They wash, rinse and spin again and the shareholders are the ones left out to dry.

They cannot even maintain a salary conducent with the revenues the company is generating and more often than not way the heck out of line with the companies debt, little revenues, without producing or executing the plans of the operations.........a company generates $20,000 for example for an entire quarter, and they salary themselves a million or 5 million, in the next.