Dirtdog, this is not a reply to you.......
In a nutshell, each of my certificates has a red stamp on them with a restriction notice. You return your certificate to EDEX, the company lawyer rights a letter to the transfer agent that notifies the agent that the one year has expired, and the transfer agent issues a new certificate without the red notice. I can then take the certificate to my stockbroker, deposit the certificate into my account, and trade away.
Some posters say, I'm going to retire, buy a jet, go to Vegas, buy a Corvette. So am I. I traded and bought shares of EDEX to MAKE A PROFIT. I will sell my shares someday. I hope to MAKE A LOT OF MONEY. I think the maximum value of our stock is far off into the future. ANd I hope to sell my stock for THE MAXIMUM VALUE.
Each of you has free trading shares, right? BUt I guess we are supposed to hold ours forever. You are correct, if you see a big dump into the market you might think insider transaction. But look at Martha Stewart. For all I know, some of you may hold more shares than I do. But everytime someone trades 100,000 s/s, or $7,000 some jerk (fill in favorite basher's name here) screams insider trading. EDEX is different that your run of the mill pink sheet. I don't think David Clark is going to dump his shares but that is his business. Buy or sell on your own DD. And I don't think most of you have done very much DD, Badge is the master. Why don't you do some of your own DD. Check out some leases, read a good geology book, learn something about the oil business, something besides the sky is falling today.
We have to test the Mesa. It will come in or it will not come in. If it makes, jets all around. If it doesn't, I'll leave Mesa on my bicycle if its not too muddy.
Now dirtdog, to answer your question. The soil around Mesa is very, very, sandy. So this moisture should not be a problem with our timeline.
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