"Now, i'm not gloating, that's not what i'm about, but who was right? So if we were right on this subject, maybe you'all may want to give some credibility to what is being said now."
Um, excuse me, but we have had NO production updates, NO operational news, nothing of substance since the supposed "settlement". Gloating is WAY premature at this point.
The ONLY thing we heard from CB was that a big fat juicy 10 million shares are reserved for "employees" at an exercise price of .16. That's the "football" Pro was referring to. That is a bone crusher for shareholders. That is not the news we were waiting for.
Besides, the SEC was apparently never the real problem. If so, why last December was CB able to release this PR - which contained this major tease. (And NINE months later we still await an update):
"PRI is reworking ten wells at a time depending on the availability of tubing and sucker rods. The Company believes this oil well reworking and experimenting with several enhanced oil recovery methods should enable PRI to greatly increase oil production in 2008."
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