Fish, I am trying to honor my commitment not to Contractor not to post as often on this board but if you continue to
post untruths about me I will go back to my old ways. I have no agenda here other than post the facts about the company to possibly warn newbies. Here is what I see.
1. This company did a reverse split that did not include the CEOs preferred shares giving him a huge chunk of the company as a reward for incompetence.
2. This company went through 500,000,000 shares with little to show for it.
3. This company involves relatives which are fast becoming wealthy off of leases we are not using.
4. It was insinuated that after the r/s was approved prs would start flowing. Instead the company has adopted the attitude that news is none of the share-holders business.
5. Per the last pr this company is planning on putting more on its plate when it can not even digest what it now has.
6. Is it true that while the company is struggling and the shareholders are losing their a##es our ceo has raised his pay
from 120,000 (which he was not worth) to 500,000.00 per year?
Does a company that has shareholders interest in mind behave in this way? The attitude of some on this board is if you dont like it sell and move on. Some people dont like the notion of selling at a 90% loss and moving on. I was lucky and got out all but very little but some here are stuck.
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