If VM-179 was such a prime property, a viable company would have partnered with them and developed it. The parcel is surrounded by viable companies who are developing other parts of it. Why do you suppose not one of those other large, established, profitable companies have offered to drill this parcel for a cut of the oil? They could have financed this one long ago with pocket lint.
So no, I haven't watched the dockets. The local court calendar and record of payments and paperwork served has little to do with, ahem, oil exploration.
What I have watched is the gift the shareholders gave Tony to develop his worthless well on the shareholders' dime, the third reverse split, the accumulation of more and more toxic debt, Charles setting up two more companies, dilution, dilution and more dilution. Everything else has been speculation for YEARS. The facts speak for themselves as does the share price and the CHILL by two trading platforms.
Again, as with all postings on message boards, IMO.
