Stocks - sure would be nice. Unfortunately we (at least me) don't have any idea as to what is happening. Almost 8 months since any info from the company, and that info obviously ingnored many issues which it would seem appropriate that they address.
For all we really know the rig is totally abandoned, or they are pumping and ready to resume normal business. This stock is being played like a fiddle. The expiration of warrants would seem to be a screw job to the private placement people, but if they are as well connected to the operation as they should be, it might make sense that they have been picking up stray shares for sub .25 instead of $1.25 without diluting the shares. A few days ago 1,000 shares traded at .21 and almost immediately there was a trade for 100 shares dropping the price back to .195 Can anyone believe that is not some strange level of manipulation?
Some of us sit here stubbornly holding onto our shares, hoping there is a tinge of integrity toward their shareholders and we will be allowed to share in any profits that eventually materialize.
Best to you and the rest of us that are hanging in hoping to recover our losses and maybe actually profit from this venture.
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