Friday, September 13, 2013 9:06:44 PM
Behind this loud and misleading pump is the fact that Octagon has $7,000 cash.
As to the $38 billion in assets you talked about, to get them it paid $32 (yes, thirty two dollars) and issued about five million shares in escrow[ i]to the company (Tamm) from which Octagon and another intermediary (CEC North Star) acquired the property.
Why did they get the property for nothing? because TAMM lost $81 million dollars of investor money without being able to get out a single drop of oil.
By the way, TAMM, CEC North Star, Zentrum Energie Trust AG and Octagon 88 resources ALL HAVE THE SAME OWNERSHIP OF INSIDERS WHO STARTED AND FLOATED EACH COMPANY.
That's why Wall Street hasn't "discovered" this company, Buccaneer. It is worthless.
And if the U.S. Securities and Exchange Commission had any gumption, the promoters would be behind bars for spreading this farrago of utter rubbish through company after company after company, bilking innocents along the way.
You ought to be ashamed of yourself, but then, sociopaths never are.
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