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doc726

12/12/07 1:53 PM

#36936 RE: Steady_T #36926

Steady...I certainly don't want to say things that hurt the company. I'm sure a lot of talk on the boards that is negative is part of the monster a company creates when they begin to fail to deliver. A lot of it comes from being bitter{no pun intended} over not selling when chances were available, myself included. Many people here invested a LOT of money on board talk and also from company PR's. Many liked the idea of the production that could be extracted from the PRI 193 well project. Do we need to hash any of that over? Many liked the chance of some decent wells being put in to production beginning as far back as the Hart # 8. Those PR's allowed the company to dilute another 50 million shares to raise 5 or 6 million dollars to work with on many different things. I was pointed out that yeah they had raised that 6 million, the problem is, that is our money{the investors} and not a drop of proven "new" production from any of it and the 2nd rig is still laying on its side. 7000 acres and what do we have. Some older wells that produce some oil and gas, but not enough to get to positive cash flow. This may be the last of me for a good while as now I see today that my credibility has been questioned{contractor}. I hope you all have a great holiday season and more importantly a safe one. Remember to thank whoever your God is for all his blessings and don't get too hung up with all the gift giving and stress out. later, doc

pro

12/12/07 3:04 PM

#36943 RE: Steady_T #36926

the board is not what is killing this company its the "slow progress" (your words). some on this board would consider them words a bash. the myth that the "bashers" are in control tells alot about how desperate the board is to give CB and JC slack when it comes to not being able to get this company successful. and the fact that you went there and came back with Bashing the bashers as your result shows your willingness to take anything that this company says as "good enough". did you ask why after the RS they didnt follow through on the communications with investors? did you ask why the rigs werent going 24/7 if not being rented out? did you ask about the share price being at sub-penny levels and what that means for the company moving forward? did you ask about this MYTH that JC and CB work for 2 years for FREE?

no, forget about them questions its the boards fault. imho

gandalf48ct

12/12/07 3:42 PM

#36944 RE: Steady_T #36926

Steady T

"The Phantom was not to be seen." Did you ask about it? Is it at 11+12?

Did you see 11+12? were those the wells in maintenance mode?

Did you have to sign a disclosure statement?

Did you suggest to them to communicate more effectively and the hostility might subside? Did Joe tell you how they were actively doing things that are HELPING the company through this period??

Did you ask about the recent BOD resignations? Plan going forward?

Thanks for the info!



ponzi_implosion

12/13/07 10:52 AM

#36959 RE: Steady_T #36926

Steady T "several injection wells"

Correct me if I'm wrong here, but it is my understanding that the company only has a permit for one injection well, and you saw several.

How does that work?

Thanks
P

brownduckdog

12/13/07 9:07 PM

#36974 RE: Steady_T #36926

From I Hub:

"We received little hard inforamtion and nothing that could be considered insider information."

You raise an interesting question Steady T. IMVHO the whole insider information subject has yet to be fully explored. My guess is that Free will follow the lead of others who have quietly faded into the woodwork. And probably for good reason.





BDD

contractor10940

12/13/07 11:16 PM

#36980 RE: Steady_T #36926

"It seems that there are posters on some boards that actively do things to hurt the comapny"

This coming from the company Steady? Any chance they shared the cost of legal counsel in dealing with "poster" aqusations for say (lets keep it simple)..... the last year?