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pennyluv

06/13/11 8:16 PM

#31389 RE: learjetman #31387

Well - there will be plenty of room in the pokey if that is the case...AND I JUST BET we will know soooon.
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getthebucks

06/13/11 9:36 PM

#31395 RE: learjetman #31387

depends how we define scam. seems to be used a lot by posters on ihub re: otc stocks. i truly believe these guys bit off more than they could chew and perhaps eventually saw an easy, legal way to make an annual salary by selling billions of shares of stock to a company that does 25 mil /year in business(ouch). good plan to start (aren't they all) , but probably unexecutable the way it was designed. had they had instant access to TB revenue when TB became a holding, then this would have worked well from the opening bell imo. use the rev's to pay off TB & United, pps goes up, sell stock at a higher pps, say .50-$1..r/s ..uplist to amex...sell a little more stock and make add'l acquisitions along the way. in a perfect world, perhaps that's what they were hoping for in the short term. not the mess they got into. so was usog a scam? maybe not in the beginning, but the recent dilution has to make one wonder...did they get scared? greedy? or both? my prediction: USOG is dead..if not, yippee for us..dodged a bullet if you can sell near term and get anything even close to a 1/10 of a penny..GLTA...oh ya and how about those patents they touted every chance they had...worthless obviously...carrot on a stick for potential investors?
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romeo44

06/13/11 11:24 PM

#31400 RE: learjetman #31387

LEARJETMAN...This happenened to another stock of mine years ago and it came out fine.This is not a scam think about it,the company would never do financials ..We will be just fine ..I am sure we did something minor ,but no scam and will be TRADING AGAIN