InvestorsHub Logo
icon url

medchal

05/08/12 1:06 PM

#40067 RE: blowout #40060

"... it will answer some of these doubting thomasas [sic] ...."  No questions and answers posted on the Drake website will rebut the information provided by those you call "doubting Thomases", but there will undoubtedly be a lot of words used to skirt all the real issues and try to reassure the shareholders.

You've already received scripted answers, over and over, to your questions:  The past is constantly erased by the present; current management (all two of them) are "all-stars"; past efforts of the company were "underfunded"; all past managers, unlike the current ones, were either corrupt or stupid; and a recently invented "financier", with the same address as other Smith enterprises, "intends" to invest a million bucks here.

Don't look for much in the way of information about current production.  There could be something on that note, though.  As shown at the link, a Smith company once trumpeted payment for some oil it had sold.  No amount was ever given; the oil sold turned out to be some small amount that had been sitting around in tanks for months; and the lease from which the oil was sold was abandoned almost immediately -- all of which is easily verifiable.