They have no profitable oil wells. The oil wells that they have been doing are only stripper wells at the bottom of the reserve. The information is in the I-box and at the State of Texas for all the records of the oil wells that they have been doing for years. There's no real profit except for shareholders allowing Gouger to pay himself and son to maintain them if that.
Just a little DD into what an oil well is and what it takes to maintain them can confirm those things. Especially a little DD in the stripper wells and the lease that this pinky is trying to insinuate that are more than just stripper wells that have reached their economic limit and aren't going to do anything else but less than a few barrels a day on the average with overhead costs reaching what profit is produced.
That's why the pinky shell, to have stock holders let Gouger pay himself and his son, family, etc to stay there. All the records are there and Gouger and BNPD has omitted stating some of the most important facts about the production or any profit calculations of these wells. If there was any real profit in the oil wells that Gouger and son have been doing for years, they sure wouldn't need a pinky shell to work them.
No real disclosure, no transparency, just BS hype and fluffy PR's.
It's all just a line or story and it was just a hype that needs to be hyped again for any real trading in the stock, but as usual for a pinky shell transfer, it's just garbage for investment.
Gouger hasn't even been able to get the shell transfer completed or the ticker changed due to so many problems with the shell. Big red flag. I suppose that he eventually could, but a ticker change is not worth even close to all the hype about it that has taken place. It should have been just normal business and the fact that it hasn't been states a lot about the shell.
