Replies to post #5782 on High Plains Gas, Inc.(fka HPGS)

[Concord]

Check out the news release in 15 August 2011

"High Plains Gas Completes $1.12 Million Common Stock Financing"
High Plains Gas, Inc. (OTC: HPGS, "the Company") announced it has completed an initial round of funding of approximately $1.12 million from institutional investor Ironridge Global Energy, in exchange for unregistered shares of Company common stock. The Company expects to continue working with Ironridge Global to raise up to $3.5 million in additional funding

[Peggy]

Nice DD HT. I was not aware that HPGS was part of "birds of a feather" regarding this sort of thing. Goes a long way towards explaining why HPGS falls back to earth after every modest uptick. With tens of millions of very low basis shares, the loan firm keeps printing money. Nice work if you can get it.