DD Support Board and Research Team

[nodummy]

FXPT sure looks like a big pump and dump as mentioned in the pumpsanddumps article.

http://www.pumpsanddumps.com/2011/09/monday-september-12-2011-todays-pumps.html#more

"Habitual Pump & Dump insider, William Lieberman, is at it again, this time with Fox Petroleum (FXPT). Lieberman's past escapades include Trilliant Exploration Corp (TTXP) which the FXPT website refers to as a gold mining operation. It's not any sort of operation and is as dormant as they come. Less dormant, but just as scheme oriented, is Mammoth Energy (MMTE), another Lieberman undertaking that has resulted in significant losses and is reportedly involved in litigation. Needless to say, we struggle to find any sign of success within the multiple public companies across the energy, gold and lithium exploration industries that Lieberman miraculously has time to run manage."


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Anybody familiar with BRZL and the way James Renfro's company Renfro Energy LLC was used to help manipulate that stock price already knows what is going to happen with FXPT in the future.

I can make this a very simple post because FXPT is a very simple company to understand and that situation is very easy to predict.

As of the last quarterly report FXPT has $0 in cash, $0 in total assets, $0 in revenues, $18,360,246 in accrued expenses owed, and $5,312,333 in debt Notes.

All of that is worth repeating because only the must gullible investor would choose to ignore these numbers

$0 in cash
No assets
$0 in revenues and no history of any revenues ever
$18,360,246 in accrued expenses owed
$5,312,333 in debt Notes

Most of the debt Notes have recently matured. The ones that haven't will mature at the end of October of 2011.

What do you think will happen once those Note holders start demanding payment and begin to get issued free trading discounted common shares instead?


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One look at the balance sheet begs the question - What will FXPT use to purchase Renfro Energy LLC and Cameron Parish Pipelines LLC?

James Renfro won't sell his company for just stock. History shows that Renfro will want a big cash payment to close any acquisition of his company.

If you read the PR today it clearly says the plan on acquiring - as in - in the future forwarding looking statement. Nothing has been acquired yet.

http://ih.advfn.com/p.php?pid=nmona&article=49139124

Flashback to BRZL. James Renfro signed an agreement to sell BRZL his company, Renfro Energy LLC. The purchase required BRZL to come up with $700,000. BRZL was another shell with no cash and no revenues. They had no way of coming up with the money to finalize the agreement. Instead a year went by and the agreement kept getting extended. Shortly after the agreement was signed James Renfro was appointed as a Director for BRZL and held that position while the agreement was being extended over and over again.

I predicted that agreement between BRZL and Renfro Energy LLC would never close:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62856336

BRZL was sitting at $.14/share on January 24, 2011 with relatively no volume over the previous several weeks. Then some people decided it would be a good stock to use as a pump and dump. BRZL was pumped using James Renfro and his company.

Down down down the price went over the next few months.

BRZL now sits at $.0008/share.



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William Lieberman

Lieberman is the long time CEO of FXPT. I have become very familiar with William Lieberman over the past few months because he is also the CEO of MMTE.

As the CEO of MMTE, Lieberman has been rolling around in the mud with some very shady characters. His closest associate, partner, and adviser with MMTE, Izzy Goldreich, does not have the best history, and the people Lieberman chose to do debt agreements with through MMTE also have very shady pasts.

That is why Lieberman is not locked in a legal battle against some debt Note holders and former insiders of the very dirty MMTE shell:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65355183


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Get ready for deja vu

FXPT will be a repeat of BRZL.

We already have an alleged agreement to purchase the same business - Renfro Energy LLC.

We already have James Renfro being appointed as an officer for FXPT.

We know that FXPT also does not have the resources to complete any proposed agreement to purchase Renfro Energy LLC.



I predict that the FXPT / Renfro Energy LLC agreement will get milked for all its worth while the stock is being pumped/promoted. It will probably be extended out for weeks if not longer, but in the end the debt holders will win the battle with the investors driving the stock price down much lower than it started before the promotions began and FXPT will never end up closing the agreement to acquire Renfro Energy LLC.

James Renfro will probably move his dog and pony show to another dirty penny stock and start the whole fake acquisition act all over again helping another dirty penny stock run a whole new pump and dump.