Replies to post #15254 on Superior Oil &Gas Company (fka SIOR)

[JRT]

In my opinion, prickly pear and company doesn't want this to ever go public again. The Cactus incident is a perfect example of why. They were able to manipulate assets around selling them in the name of SOG and than transfer the income back to them selves without having to answer to anyone. That is why SE was never allowed to bring anything to the table that would grow the company. With big money involved over site would be stricter from the investor side thus letting the low hanging fruit mature into something that would keep giving back. Prickly pear and company appear to me to be all about a quick buck. SE was wanting to build something that would reward our kids and in my case our grandkids. That wasn't ever going to be allowed. SE, IMO is tried of beating his head against the wall. I gave up months ago after the Cactus deal. I am such a small player in this that my take has no effect on the final outcome but that doesn't mean my opinion is incorrect. Everyone should go here and let prickly pear know what you think. Don't expect a response, he is probably on another vacation by now.
https://www.facebook.com/superioroil

[stlogic]

Minority share holders of a private companies definitely have rights
in some states very extensive rights.
Problem is:

IF

management moved assets it could be very costly to pursue

And

often lazy miscreant types have already spent the money. Lack of information
or guidance directly from the CEO is always a bad sign.

I have been in SE's situation and lost 100's of 1000's of dollars trying to
right the ship of a good company led by a lying turd. The market is full
of them. Not saying "The Pear" is but remember leopards never loose their spots
no matter how much they move them around.