There isn't much upside when you continuously dilute with no light at the end of the tunnel. They have grossly misled investors throughout the history of this stock, on top of multiple reverse splits. Now we sit at .0001 with over 1.5 billion shares I believe. I am embarrassed to say I have owned this for years and still do.
I still have an opportunity to make money on my shares, but I can honestly say that I would be happy if this company got denied a reverse split before it continued the same old story.
Sure a merger could happen, but the upside is limited compared to the value it has lost to dilution. If you factor in the reverse splits and dilution, gains for almost every investor will be marginal compared to the $ it has lost investors.
Volk and company are leeches IMO. They have done nothing but run this company into the ground. This is not an oil company...it's more of money making scheme for management IMO. Some might disagree, but I am a shareholder and I'm sharing my opinion. I have no interest in buying at lower prices than .0001, which is 0; I'm only interested in sharing my opinion.