Replies to post #18259 on Cardinal Energy Group Inc. (fka CEGX)

[tdbowieknife]

Actually, the way for CEGX to do it... Is for the new guy, if he is for real and legit, to file an 8-K informing investors and the public that the previous filings cannot be relied upon as they are misleading, fraudulent and incomplete. That they need to be corrected and re-filed. Then soon after, say 3-4 months, actually file them along with all the delinquent filings. That non-reliance 8-K should have of course already been filed long ago. CEGX needs to take responsibility and clear up all the past crimes. This would be the only way CEGX would get the blessing of the SEC and allow them to move forward.

Unfortunately, most often the new guy's job is nothing but to keep stalling and help keep the torches and pitchforks at bay.

CEGX is currently at a high risk of an SEC suspension for delinquent fillings that would relegate it to the Grey Market till revoked. Though, I and I'm sure many others would much prefer a suspension for fraud, an SEC civil suit and criminal charges to boot. Criminal charges is in most cases the only thing that stops these guys, at least for a while.


.

[InvestorVeritas]

In my past convos with management, Paul Carlisle is still going to be involved even though the merger didn't go through due to Cardinal having no money. He ripped off OilGuy and the other investors in his project Tim Crawford style. He's a crook as well and cannot be trusted.