Replies to post #21213 on Diversified Oil and Gas Holdings (DVFI)

[Razorbucks]

3h3k2, Grimes was why I bought in this stock.

Now, they're having possible trouble with Hydroslotter, their JV. How do we know that BIGN is continuing to get funds from Grimes? There are no financial statements. We can just hope.

I was confident 4-6 months ago, now my confidence has eroded like the PPS and delay after delay. Many on here seem to justify all delays. I did that for over a year with Grimes.

I apologize for the few on here that think that I'm a shorter and a basher- I'm not. One said to sell shares if you're unhappy. Sure, then the PPS would be sub-penny w/o an MM on the bid!! How the hell can you be happy with a PPS that has gone from .04 to .012. Yes, I'm so gleeful to see the weekly chart with the stock losing 4-14% each week. If you guys think this should help investor sentiment, and noone should question what is going on, I'd like to know what you're smoking.

[Apophis]

The overhead for all the wells

plus initial drilling cost is most likely over 5 million.

That means with just those few wells they are breaking even?

[Apophis]

Do not forget


salaries have not been approved by the BOD.


this means 3-5 million can get eaten up quickly once
they start rewarding the employees, including the BOD?