Replies to post #45956 on Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

Honestly, IMO, all Hemi shareholders are frustrated given the current status of Hemi Energy.

But given the current status of the Energy, Financial and Economic markets, what are the current alternatives except to bunker down and wait it out?

It has been said a number of times, just imagine where Hemi Energy would be today if Hemi entered this environment saddled with a large amount of Debt.

Currently Hemi Energy is a Debt Free O&G company.

Although many are not happy with the current Hemi shareprice and status of Hemi Energy, Hemi is surviving and will be positioned to move forward once this current crisis rights itself back up.

Already oil is stablizing ~$50.00 area, and the economy is bouncing off a bottom, just that fact provides a case that oil will start to move up towards that stated $70.00 area that OPEC has stated it needs. Then the O&G industry including Hemi can again put those wheels in motion again...horizontal and all.

Kels

[imshredin2]

After tax loss selling a block that I paid .52 for, I still have an ave of .175. I got $7 for those shares and saved $250 in taxes. My best ROI for my HMGP shares to date.