Lucas Energy being on the NYSE is as truthful as it gets and William Sawyer was the architect and brains that put it together and now he is doing the same with Lighthouse Petroleum.
I agree with you -- A letter of intent (LOI) is a very long way from a final binding agreement. Since Danos took over I have seen the stock diluted to oblivion--- then came the 1 for 500 split reducing the shared down to about 3.5 million. NOW - just a few months later after that dilution we have already diluted this stock again 36 times to 106 million. Where has all that money gone --- IS a letter of intent all there is. I see this company going AGAINST the best interests of the shareholders-- HEY THERE whoever is in charge --- mere promises don't cut it anymore !!! Where are the concrete results ?
At 109 million shares already -- what can I expect OS to be by year end --- North of 500 million ??
Where is the value for all that dilution.
Too Little Too late where is the SEC -- even penny stocks need some accountbility
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