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SweetBlackCrude

06/20/08 10:35 AM

#778 RE: edfei2000 #777

It would be the CD holders forcing sheridan to issue them more stock because they are out of the 5 million they got the week before and they got a new block which they again blew out of....this is only my opinion as I do not know this for sure, but I feel fairly confident that is the case. It is sad that Sheridan has decided to tell the faithful investors nothing about the company business or its plans and goals going forward. All we know for sure is he sold our "multi-million dollar" robotics arm technology for next to nothing, and then raised our authorized share structure ten fold to 10 Billion shares.......at the very least, most CEO's would explain a move like that BEFORE they did it to us if it was a good business move for the company and the shareholders. I guess I expect more respect from a CEO.....my shares are not worth selling at this price, so I am holding and hoping for devine intervention or maybe new management is brought on.....