Cano Petroleum (fka CANOQ)

[SeaOhToo]

Absolutely. How much money was made when CANO announced the BK news. Did you make $$$ when it went from .06 to .02 overnight? Everyone of the 45,000,000 shares are bagholders. .008. $2.7 million in market cap was turned into $350,000 overnight.

Value investing! Finding the pennies that have assets worth more than the SP. Isn't that why we were all looking at CFW. The assets at one time were valued over $100 million. With out any cash to explote those asssets....they are now only worth $47 million. Unless someone has the cash to develop and produce oil....turn into cash....that's all it's worth!

Common shareholder is ZERO!.

Invest in a company that has cash to develop the assets the own!