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Re: HighHoeSilverado post# 1626

Thursday, 01/20/2011 12:37:42 PM

Thursday, January 20, 2011 12:37:42 PM

Post# of 4267
I purchased this stock about 4 years ago (Prior to the merger last Sept). Since I purchaed the stock it was hovering about .01 per share. Then when they purchased B&B Oil with stock, the share price went down very fast to what you see today. I believe that the old B&B owners put up their shares for sale to get the cash (Bringing the price down). I also believe that Qoil paid a premium for this stock (Issued additional shares - sort of a GOODWILL). Then shortly after that, I read that they were looking into a possible another take over of another oil company in Texas (Don't know if that ever went through). Outside of that, I don't really know who is running the company (Is this person part of the original Qoil or did he come in from B&B Oil?).