InvestorsHub Logo
Followers 4
Posts 425
Boards Moderated 0
Alias Born 07/27/2010

Re: novice12 post# 28805

Wednesday, 04/06/2011 1:16:53 PM

Wednesday, April 06, 2011 1:16:53 PM

Post# of 30337
well let me clear things up for you.

"CoreStream Energy, Inc. (PINKSHEETS: ZLUS) announced that it has acquired 18 producing oil wells located primarily in Kentucky. A basic contract has been signed and an 8K is being filed."

they used the word "acquired" in a PR when they in fact had not and they also stated an 8k is being filed and it has not. The SEC frowns upon fraud so they haulted trading.


Here is how we win - ZLUS does in fact acquire the wells and files an 8k and the SEC takes the cuffs off. there is about 1% chance of this happening in my opinion.

Here is how we get crushed, ZLUS retracts the previous PR or issues a correcting one where we see that they haven't acquired anything. Massive sell off begins and share price bottoms out at .0001 in like 8.7 seconds. i'd say about 9% chance of this one.

Here is how we die a slow (3 days) death...SEC takes the cuffs off, trading resumes and absolutely nothing is said by the company. 90% chance this happens.


Next year we will read about what this clown was trying to finance using ZLUS shares. When Rainbolt walked away we all should have...HUGE red flag.





Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.