You had close to 10% of the float trade and it only moved 15%? If there was that much new money coming in id have to think the price would be moving more.
I believe yesterday was a big day for share dulution. I also think there is more coming with the frankfort launch. Can anyone tell me one good reason why an American penny stock needs to trade in Europe??? Furthermore, the recent statement trying to give the company a 15 to 1 pe ratio on a development company is rediculous and shows me the statement is most likely pump by the ceo. Anyone know the costs of oil/gas drilling that are not being talked about?
This company is not profitable and the recent revenue was at 0 margin. That type of buisness would be a waste of time unless it is intended for pump and dump. Id advise everyone to keep a very close eye on the OS.
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