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Mr Smith 34

05/30/24 4:25 PM

#85447 RE: Diamondhands45 #85446

That is a very good question and one I have wrestled with since the beginning. That question was possibly my first post on this board.
I am torn between the motivation and risk of the principles versus the undeniable lack of verifiable and conflicting information provided by the company.

Mr Smith 34

05/30/24 4:42 PM

#85451 RE: Diamondhands45 #85446

I will give you an example,
Marcellusgas.org says it takes approximately 357 days form the permit application to producing the well. Lets say is will take a minimum of 60-90 days to become an oil and gas operator in Pennsylvania. That would mean the earliest you could expect well production would be 3rd qtr of 2025. Why not say that instead of mentioning late 2024 early 2025? To your point why would people with so much at risk offer these type of answers? I don't have a good answer.

Huggy Bear

05/30/24 4:52 PM

#85455 RE: Diamondhands45 #85446

The prior dead SPZI scam was heavily front loaded before the new circus came to town.

Roemp

05/30/24 11:04 PM

#85499 RE: Diamondhands45 #85446

That's a good question on the flip side without any ownership of shares how do they benefit if they do well? The way Mark speaks, I find if hard he does not own shares. How is John financing anything? The 600 k loan is almost gone based on the fins. Most used for travel. The company had 68k in cash as of 3/31. John and crew aren't traveling the world on economy. He even brought his wife to Qatar. Where is the money.