Bonanza Oil & Gas, Inc.(fka BGOI)

[coyotesaz]

At this point,I never thought several weeks ago we would be sub-penny. But after some research in Odessa,I believe this is a total scam with dilution being the objective. BGOI will not be around 3-6 months from now.......so if you want to trade her,that's a big chance. I will wait for next 40-50% pop that I'm sure is coming and then out.

This reminds me of the huge diamond play in the Fort Le Corn area with the company called CMKX. This guy Urban Casavant who use to be a prison guard in Prince Albert,Sask. obtained leases from crown land that surrounded some previousily held De Beers leases. He promoted the heck out of her and even had a funny car on NHRA with the slogan "GOT CMKX". This crook diluted close to 50-60m million dollars in his pocket and is walking free today. BGOI is no different,they have only leases claiming to have reserves but no revenue......