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oilfieldmafia

02/05/13 11:03 AM

#26952 RE: trader guy #26951

They have no said the equipment is there but they have also not said it isnt there. To me the newest joint venture going on is kind of over shadowing Peru. JMO

timetomakemoney

02/05/13 11:30 AM

#26955 RE: trader guy #26951

I'm glad you brought up Asher. Don't forget SC 65 million shares.

md84

02/05/13 11:50 AM

#26959 RE: trader guy #26951

Right? I've said this from day 1. The distance from port to their location is about 2 days worth of driving, and there is a good 50 miles worth of off-roading. It should have already been on site unless the shipment broke down or got stuck somewhere. They should have updated us if that was the case. I still can't geologically match up their Peru map on their website with a real map. Their news is either a bunch of bull, or they're stalling news for inside gain. It's getting old. They keep saying they're investing in equipment, but are you sure they're not investing in their own pockets, and using the equipment to rope people into buying their shares? Random pictures don't do justice in my book. Big news and this stock barely moves? No paid awareness with it? They keep stalling news every week. Got to pace it out for that March conversion? I think they're in the business to sell shares.

Increased a/s -> increases o/s -> increases Asher o/s limit -> bigger loans -> more dilution -> smaller pps