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archiham

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archiham

Re: None

Thursday, 02/04/2010 11:55:18 AM

Thursday, February 04, 2010 11:55:18 AM

Post# of 14712
Both times, bounced off .025 support -- glad I was scooping them up there.

Dilution is a factor in all OTC/Pinksheet companies -- received this from the CEO (but I don't believe it);
"Dear Sir:
I appreciate your email, and understand your concern.
The Company is not dumping shares on the market.
We can't do that and would not do that. We are managing our assets and working to increase our oil and gas production, which will increase our cash flow and value.
We have virtually no control over the market. We can only work every day to produce and find more oil and gas.
Thank you for your time, and for your interest in Bonanza Oil & Gas."
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