InvestorsHub Logo
icon url

medchal

04/24/12 2:07 PM

#38933 RE: blowout #38930

"... the new president put this oil package together, made sure all the lease holders were satisfied the work and new production could take place ...."  I don't know why you would believe that (especially since the new president isn't an oil man).  The procedure has always been that Clayton Smith (and his associates) "put together the package" (usually some incredibly cheap internet purchase of worthless rights) and then find people willing to act as front men for his companies, to announce the "package" so that shares can be flogged to new investors.  Why would you believe it's different this time?