We can debate your opinion which is all it is over and over and over as we have.
The facts are DOWNHOLE energy the company on the website, the one where the guys says hi my name is blah blah im from down hole energy and we are drilling in PA
PA web site HAS ZERO RECORD of an operator such as down hole in their database. Its a total FARSE
JV deals that raise five million dollars are p[retty good for any pink sheet company. No wonder they are finishing an audit.
Shamberg's five million dollar fund raising efforts have so far resulted in just $45K from just a couple of suckers. $45K doesn't go far when you have an old oil terminal to clean up.
Nonsense. The oil wells and leases are all on record.
Yes, it's nonsense the company doesn't want to give the current flow rate of the Oklahoma well just purchased. Or enough info to successfully search the Oklahoma database. If you can come up with a combo of parameters from that PR which works for the database, let me know. Still the company can't say the flow rate for the prior 30 days was N boed??? Too much effort for them to let their SHs know? In the meantime again it's asked: What did BAYP pay for the well, and by what financial means (e.g. millions more in stock, and to who?)?
JV deals that raise five million dollars are pretty good for any pink sheet company.
Where in the announcement of the JV was it claimed $5M would be raised:
While at it try to explain what this statement means:
Events Update: As announced earlier, Bayport is in the process of finishing their 2014 audits and will be filing a Super 8-k to achieve SEC Fully Reporting status.
You realize there is no such thing as a Super 8K, much less for a currently unregistered stock. Not even a super 10K or 10Q.
There was a PR claiming some big mystery financial institution was going to lend BAYP $5M after they successfully file a Form 10. Strange criteria for a loan. Private oil companies get multiples of that using their assets as collateral. Then again BAYP has no real oil assets - just played out non-commercially viable wells. There will be no $5M. There will be no Form 10, and no audit embedded. However, BAYP will continue to pump out PRs every 3 months promising it.
I suggest BAYP management review the PRs for BYSD, and BKEN. Much more imagination and flair were the PRs from those scams.