Strata Power Corp. (SPOWF)

[emperor3605]

Major factor in pps

I too am very frustated with having no public evidence that management or ir department exists. Initially I felt the role of carbonates and extraction difficulties was the reason for low pps.[this despite norwest showing bitumen flowed above 85 degrees celsius---pre steam.] I now believe the main fear is having no access to capital to develop the project. One pod requires 300 million dollars. With no functioning production wells we have no proven reserves---therefore bank loans will not be available. If the testing results and meeting presentations get price to remain above three dollars, a large dilution could provide capital to begin pod development. Wi thout such an option Strata has no leverage. The market is not convinced Shell or Husky,despite their involvement in carbonates, will step up and pay a reasonable amount. If they do not and Strata can not access capital--strata is dead. Those of us invested are believing that management will act like management when test results are in and attempt to raise capital.If they appear successful suitors will arrive and we will be vindicated . If not I have made yet another bonehead investment. I pray for all our success.