InvestorsHub Logo
Followers 23
Posts 997
Boards Moderated 0
Alias Born 02/05/2010

Re: bigtoe1963 post# 31327

Monday, 06/13/2011 9:38:23 AM

Monday, June 13, 2011 9:38:23 AM

Post# of 35087
Just a theory but the problem could be that many of the pumps from the past stated that USOG had "little to no debt on the books" instead of being debt ridden. To USOG's defense any official filing that they put out said that the TB note was huge baggage and if they couldn't raise the money through the sale of stock the may be forced to default.

Well hopefully we find out what happened, so we know who's but to kick.

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.