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pitts77h

03/08/12 8:19 AM

#23846 RE: Drunken Sailor #23844

I did the same after EEGC announced one of their "funding" ventures. A contact name was listed in the announcement, so I emailed the person a simple "Can you confirm this press release?" request.

Never got a response back, and the "funding" soon sank without a trace.


Endless fluff piled on top of endless nonsense. Oh - but they put a bogus "forward looking statement" disclaimer at the bottom of the fluff, so it's all OK.
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oilsleuth

03/08/12 6:23 PM

#23869 RE: Drunken Sailor #23844

DS

I think Black Gold's point was that releases by every company should be treated with some degree of caution. Fair enough, unforseeable factors can come out of left field and legitimate expectations not be realised, but where there is good management of proven integrity and ability that considerably lessens the caveat emptor factor compared to the speculative outfits that are run by sharpies and spielers.

How is an emptor supposed to caveat if they cannot make contact with the other end of the chain and confirm they exist and are of the same mind?