longinvest:
I'm glad that I'm not alone in my views. I especially agree with this statement. " I don't think that Dan really looks at this as a publicly held company." You are also very correct about the other directors and managers of the company, as several actually contract their professional services out to companies that need them. Examples would be Gary Pittenger, John Helton and Ted Allen. Superior oil and gas is basically a one man, one woman operation and is being built piece by piece in between Mr. Lloyds other, more demanding, current obligations.
I also agree that Mr. Lloyd knows how to make a buck. His family has been wildly successful in business and anyone who wants to bet against Superior Oil and Gas being developed, I can assure you, is making a bad bet indeed. When I started to accumulate this stock in early October, I knew then, that the short term optimism was greatly over exaggerated and opinions became polarized. What I'm trying to say is, it takes time to assemble everything that you need to be able to move forward. I love to read the comments on the various message boards between the bulls, who are wildly over optimistic and the bears, who believe nothing at all and find a way to spin every piece of information in a negative manner and then the fence sitters who sway whichever way the winds of opinion are blowing the hardest. You have the posters who demand to see the financial's of this company.. I find that to be laughable in itself. People, this company hasn't made money, isn't making money currently, so if you look at 2010 you will have a great feel for 2011. ( shaking head ) This is a development stage company, PERIOD ! Then you have the skeptics that doubt weather the land holdings really exist that the company claims on their web site. People, if you really want to know, there are several paid information sites that you can subscribe to that will enable you to find out that information and a lot more about Superiors land holdings existing well bores and even existing well logs, after all, this is a matter of public record. How do think the oil companies find out this information? The same way that I told you... My goodness, the company even made it easy for you guys to verify the ownership, the leases and the optioned land by telling you what counties their holdings were in. With that simple information, you could do as I did and Wildcat did... We verified estimated recoverable reserves, looked at well bore data and confirmed the land holdings. I will also go as far as to say, that if you did the same you would be pleasantly surprised with what you would find. DD is not sitting at your computers, bitching on a message board about a company not telling you anything. They told you everything you need to know.. Now go verify it, if you want..
I'm in and will accumulate more. This is going to happen in my opinion. I also want to address the wild thinking and ideas on this company diluting 300 to 400 more shares to the open market.... Highly doubtful..... Those shares are worth way more than a penny and Mr. Dan Lloyd knows it. Why would he put them out on the open market to people who bash his company for a penny, (what a waste of good stock) when he can give them to a JV partner who knows the play and knows the value to be created, with even a small drilling program... The JV partner could realistically profit 25 to 30 times just on SIOR stock easily... It done in this business all of the time.
