Hi everyone, this is my first post to this board, but I've been following it for a while now. I'm in UTOG pretty deep, bought in last year at over $2 (worst investment I've ever made) and have since averaged down to just over $1. I'm waiting it out, since I've already lost most of everything how much lower can it really go? So I'm just holding on and waiting it out...
It would be nice to see some income statements. Here is my beef: If they sold oil from New Miami as per the last release, why haven't they disclosed how much was sold? Or the profits? Are we to just assume everything about this company with no actual facts to back it up?? Also, which Euro market are they planning to list? Is there a reason they can't disclose that?
I'd like to believe everything is on the up and up but this company just seems so shady and I find it hard to believe anything positive will happen given their notorious lack of disclosure.
I'll wait it out though, and hope for the best. It would be nice to get some free shares in a Euro Market... If we do, I'll just wait for that to pump and get out ASAP, and hopefully it will be enough to cover my grey sheet losses cause I seriously doubt they'll ever re-list in the pinks.
Also, why is this not listed in Canada? It's a Canadian company, after all.
