I respect your opinion and concerns.I have several myself. There will be red flags and concerns until management decides to put out a PR. This is a pink sheet company not a blue chip so there will always be red flags and concerns.
All I am saying is that IMHO from the DD I have done it is worth holding until we get both production numbers and a corporate update.
As far as the website goes. I believe, as I said before that management was presented with the oppurtunity to jump in on this first well and that took financial precedence over websites and other concerns. Wouldnt you rather have a steady flow of income coming into the business before piling up the corporate bills?
In other words if you are the CEO of a START UP with no revenue and have x amount of money put aside for a website, news release. etc. and an oppurtunity to purchse working interest in an operating well comes along...do you go ahead with the website or purchase the working interest therefore creating monthly revenue? IMO thats a no brainer...we are not selling something on the internet where a website is needed... we are looking for oil and oil investments.
All the best to you...I am only allowed three posts per day here and Id rather head to the local watering hole for a cold one anyway. Its been good talkin with ya.
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