Thursday, December 06, 2012 12:21:18 PM
"what do you have?"
1) Proof positive, already presented, that Peter J. Matousek, on whose word you rely, is an experienced stock promoter who has never demonstrated any knowledge of the oil business or any other legitimate business.
2) Proof positive, prima facie, that the prior press releases issued by Matousek earlier this year in his official capacity as the investor relations officer were at best misleading, definitely deficient in the information provided to investors, and very likely simply fabricated, at least in part.
3) Ample evidence, in the agreements publicized by Drake, that it will never receive cash proceeds from any oil wells in which it claims any present interest.
4) Ample evidence, in the agreements publicized by Drake, that it has contracted to expend large sums of money which it neither has, nor has access to (which is ample evidence that the agreements are nothing more than a part of its latest scam).
5) Ample and increasing evidence that there are so few who will listen to Drake's pronouncements any more that even its most extreme promotional efforts can barely lift the share price.
6) Proof that Drake has issued and either sold and/or paid out hundreds of millions of shares this year, most of which were unrestricted from sale.
7) Proof in the form of the company's financial statements that all its activities this year, through September 30, yielded not a penny of revenue (as I had predicted), despite multiple claims of producing wells.
8) Proof that the financial statements issued by the company at least until September 30, 2012, were false and/or incomplete (as I had predicted), needing multiple revisions.
9) Ample evidence that, as I predicted, Drake would undergo multiple changes of management. Growing evidence that, as I predicted, these "new managements" would produce no results worth discussing.
What more "proof" would be necessary?
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