Tidelands Oil & Gas Corporation (TIDE)

[tidenews]

Smith is doing everything possible to keep this company alive until Mexico gets their act together or something happens in California.

With the PPS being so low it is a daytraders and MM dream. Huge blocks worth little value are being bought and sold. It would take another company years to obtain the permits in Texas and Mexico that Tide alreaady has and apply for the storage in Mexico. These permits alone will be worth something when the storage is settled.

For those who complain because the company sold off the propane business (the one money maker!). Tide sold it off to pay off debt. Nobody bought stock in Tide because of the propane business. We all bought stock because of the potential in Mexico and then California.

Management is selling stock to keep this thing alive and survive.

The price is down and there is more risk involved than anybody cares to tolerate but this is not a scam, it is not a hoax. Read the FERC filings and CRE permits. These things cost millions to obtain and thousands of hours of work to put together. Companies don't put in that effort and go through permitting processes with 2 govt's just for the hell of it.