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Wednesday, June 20, 2012 11:50:44 PM
Until now, they have put little effort into promotion and that is why the pps is where it is. Their legal advisers are partly to blame, since they insisted on a blackout until FINRA came through with the new symbol. The buck stops with Jim Porter, though, not with any lawyer, and we have to impress upon him his responsibility to better protect our investment during this conference call.
Most urgent is that they announce revenues in their oil and gas division. That will be a healthy harbinger of things to come. But if instead the news is that they are falling behind in their production timeline, the market will punish them (and us) for having previously announced false projections.
If there is no meaty news by the end of next week, I hate to say it but this goose is cooked.
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