Replies to post #23927 on United States Oil and Gas Corp (fka USOG)

[Penny_Slayer]

I agree. A while back, Management said that they did not intend on acquiring a 3rd company until their debt obligations were met. But, recent press releases and stock news alerts say they have targeted a third acquisition. Why report that unless they know the debts to Turnbull & United will be paid by EOY.

Additionally, they mentioned plans to uplist to the AMEX market in the "Near Future". Again, why report that to shareholders unless they have a realistic plan to get there that won't devastate shareholder value. Alex doesn't put out Fluff or B/S PR's. Everything they say is part of an ACTUAL business plan, and it will happen, IMO.

http://thestockmarketwatch.com/newsletters/2011/03/11/usog-pursues-increase-in-bottom-line-and-third-acquisition-target/

http://www.marketwire.com/press-release/United-States-Oil-and-Gas-Corp-Highlights-Growth-Plan-for-2011-OTCQB-USOG-1406723.htm