Heartland Oil and Gas (fka HTOG)

[StockGrabber]

I'm not sure why it was ever that high to begin with because they were just lease securing and initial development stages at that time.

They are now done with that part of the process and have completed and producing several wells that are already generating income. 12 new gas wells are due to be tied in to their newly completed 4 mile pipeline shortly and just that alone will more than double their monthly income. There was an unexpected announcement about a 66 barrel per day oil well that was just finished and that well alone is flowing enough to produce significantly more income. All the land around that well is theirs so theiy can drill many more wells in this now proven area for a lot more potential income.

All that being said, I have no idea why the stock of some of these startup companies is as high as it is when it may be years before some of them produce any income, much less profit. This is not limited to just the energy sector either.