It is pretty typical of stinky pinkys to talk about deals that are never set in stone. If JFK can't raise the $5 million than what? The deal is off? But they get to talk about it in press releases to drum up interest like its a done deal?
I thought you spoke with the CPA and they said the audit was done. Now it isn't?
Here is an idea....if BAYP doesn't want to look or act like yet another penny scheme...why not ONLY PR about something AFTER it is completed. Or if you are going to PR about something provide a specific timeline.
If they can't provide any timeline expectation against which they can be held accountable they should keep their yap shut.
Otherwise it is just another stinkie pinkie forward looking fluff PR.
either we are told about deals as they are LOIed or when they are set in concrete and complete.
And in the case of BAYP they never give the details of the deal. How much did they pay for those 2 Okie wells? The wells in PA, WV? How did they pay for them? Where is that documented? Oil/NG flow rates? Expected realized $/bbl revenue? Operation cost?
but they are trying to let us in for the early stages.