Superior Oil &Gas Company (fka SIOR)

[fly_fisherman]

Old news...

The A/S was never increased. TA has been verified on and off over the last several months!!!


I will say when I started accumulating late last spring my assumption was they were going to raise the a/s to 500 million shares. At the time I was paying .002 or so PPS and felt it was worth a nickel then. In the fall we found out the the SS had not been changed.

What we can figure is in the fall the value of leases began to multiply and we believe the company decided to not increase the a/s. It wasn't necessary at the time since the value had increased by so much that financing would not be an issue.

SIOR is now valued between .10 to .18 cents based on the huge increase in lease values and this is based solely on the 8,000 acres. Again this is based on the leases only. When oil is pulled from the ground those PPS numbers will be much much higher. They however have an option for 15,000 additional acres that would increase the value that much more!!!

Hopefully this helps out. If you were someone just trying to shake things up a bit, sorry... We are much more thorough than that here. There are a number of us long term supporters and we have the benefit of some super knowledgable oil/market/technician folks on this board as well!!!

Welcome aboard if you are so inclined to buy in!!!