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ORILEY

03/29/12 7:58 AM

#155 RE: ez57 #154

The article released was stated as if they were the partner of Princess which in fact was not presented correctly.This company has a 4% interest in Treaty Belize Energy which is the Jv partner with Princess.I read that they have a option to go to a 10% position but did they exercise that option?My guess is they did not or they would have released a press release.Reverse splits are a dangerous play in penny stocks and if they do not stop this serious decline in pps this company could see similar results to many companies that have tried the same method to increase their stock price.
I hold several thousand post reverse shares and am hoping for the best but it does not look good at the present time.Hopefully management will soon announce some news that has meat not potatoes