Octagon 88 Resources (OCTX)

[bhumiartha]

I especially like the fact where your pump says that spudding could begin on 400 horizontal wells in 2014, in phase one of the development plan.
It takes a minimum three years to get environmental and regulatory approval for a project of this scale.
More importantly, this company with $7,000 in the bank needs to come up with $1 billion (0ne billion dollars) to complete 400 horizontal wells, since these cost $2.5 million PER WELL.
There is no regulatory approval, no facilities engineering, no facilities built yet, and somehow they are going to have 400 wells pumping 30,000 barrels a day?
All with $7,000 cash?
Pump and greed has driven this worthless company to a $200 million plus market cap, and this pump will no doubt cause many people to lose their life savings.
Criminals, that's what you are.