Telegraphing the pass: When a b-baller looks at his teammate intently BEFORE passing the ball to him/her, the defender in essences is getting a "telegraphed" message via his opponents eyes that a pass is SOON to be forthcoming. Hence, the defender gets the gift of knowing the play and can position himself to steal the ball.
Flubug is RIGHT ON with his comments here. Why send out another PR so soon after sending a Shareholder Update? Methinks, like Flu, that Gregg is trying to help the weak-handed QSEP shareholders grow a pair so that they'll HOLD on to their shares a little longer because a SALE is SOON to be forthcoming.
Pull out the STWA NR decoder ring!!!!!!!!!!! Can't POSSIBLY be because Beggar is watching the PPS dwindle and is trying to pump this deflating sham faster than a balloon animal clown! All meaningless fluff... no KMI testing, nothing but wow.. more oil samples ordered and being tested in a lab that has previously never matched field results, and cannot possibly replicate field conditions in a line.
I think that the very nature of low prices penny stocks is that buyers are looking for the quick hit. This certainly has not been the case. It's been a slow painful bleed. At some point the reality is that this company will fold unless a deal is sealed up.
Look out below! Look at that gap below $0.10! I doubt Beggar can flog this north of $0.05. That cuts the life span in half before BEGGING shareholders to authorize a massive amount more of shares, to which of course they will oblige, no strings attach, so he can continue to pay himself what he does.
He can't keep promising and calling every year a significant milestone etc without delivering and pps is at all time lows
Of course he can! This is how penny scams like this work! Why has this company ever been able to get any sort of private funding? Because private funders would never put up with fluff like this.
but I cannot understand why you are letting this inept CEO make this kind of money without any sales?
Nothing new.. this has been going on for around a decade. In fact shareholders were only too happy to authorize 300 million new shares to this same crew to continue on with this.. it wasn't "how about 100 million shares, and CEO and CFO take a 66% cut in salary?" The vast bulk of funds raised has gone to Kyte and Beggar and their need to play bigshot in Santa Barbara. None of this is new.