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Monday, June 25, 2012 8:25:19 AM
First Titan Energy announced today that it has been approached by an unknown "established" oil and gas company, with unknown reserves, and unknown financial status regarding a potential merger. FTTN has a management (Robert Fedcerowicz) with no oil & gas experience to offer to the deal.
"A possible merger could result in new management for First Titan" - say it isn't so! - Robert has done such a phenominal job of bringing this company from $2.67 to $0.19 (93% drop) during the 1st 6 months of this year. Perhaps the new unnammed merger company noticed the headline of the impending 400,000 to 800,000 bbls/day well they hope to complete any day now: http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_F/threadview?m=tm&bn=136041&tid=107&mid=107&tof=6&frt=1
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