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Ecomike

04/26/12 11:22 AM

#851 RE: jd19 #850

I gave chillar the office number at the other public company Steve also runs, that is doing well drilling, yesterday. Hope to get some feed back soon.

http://www.contactexp.com/Corporate_Board_of_directors_.html
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Ecomike

04/28/12 8:22 PM

#853 RE: jd19 #850

Yes we did. Got the same reply as 4 months ago, they are working on things...stuff...plans, but have nothing concrete or material to report yet. Long story short, they have NOT abandoned ship, and neither have I. I missed the knife opportunity this past week to add shares when somebody dumped shares all at once (probably an MM with a plan, need for cheap shares, or that wanted to boost volume...).

As always, there is risk of dilution, but I am hoping they get the price way back up with proper deals and structure, before any dilution. I am hoping this because the market cap is so low right now. This stock was .60 just 2 years ago, at the current OS, and still has no more debt than it had a year ago, only 300,000 in debt, and all owed to a bunch of crooks at MNLU and Westbrook. If they R/S and dilute first they will loose all the old long term investors like me, and this will never be a serious stock or play again IMHO. If they raise cash with convertible debt, and strike a deal that can turn this into a company with oil well operations, drilling and producing, this could be an easy 10 bager from here.