Hemi Energy Group Inc. (fka HMGP)

[Argyll]

"Hemi's very artificially low market cap is substantially below book value and below tangible asset values based on conservative oil and gas industry standards, especially when ongoing increasing undeveloped lease acreage valuations in 3 states and North Dakota's leases are factored in."

I've been seeing this in PRs for three years, along with assertions they are going to resolve the DTCC issue (usually in a matter of days, weeks, months) get off the pink sheets, get bought out, produce monthly production numbers, drill ten wells a month, etc., etc.

None of this has happened. You can bamboozle with details: there are lots of trees in the forest with multiple leaves on each tree and it should be valued at $5 a leaf, but somehow no one wants to pay that much.

Hemi's basic plan has not changed..well why the heck not? It's not working.