Replies to post #3866 on Energy Resource Abundance (ERAO)

[arpj1944]

Sorry for not responding quickly but I was at Sunday worship service for a few hours. Well the best I can tell you concerning financing is the fact that these guys have put up a large sum of their own finances to keep the dream alive. You can tell from the incredibly small float and shares outstanding that they have not diluted the share structure. I was told personally by my contact that they have more on the line than anyone else invested in this play. According to Riverandfold who was on this long before myself, their is less than ten million shares in the float. And a few dozen of us here own close to 40% thereof. That is why the price jumped so quick on the first of several PR's that will be out over the next few weeks. They are supposed to be real big announcements. I hope this helps.

[arpj1944]

retnav, let's handle this statement you made:

You conveniently didn't answer that, but went off calling those who lost in the past a bunch of whiners (for a lack of a better word). This time around, I do hope shareholders will benefit nicely.

First of all I probably lost 10 times what most have claimed as loses in this company. I used sales of hundreds of thousands of shares pre split for a tax write off in 2009. If I came off as calling anyone a whiner, I humbly apologize. It was not truly my intent, but everyone complains when things don't go their way. It’s the nature of the beast human. I was not happy to lose all the money I did when the company made a big blunder in trusting someone in 09 that nearly wrecked the companies game plan. Most of us here really believe that they will fully recover and the shareholders will finally reap more than they have sown. Again, sorry if I offended in any way. God bless. Richard.