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News Focus
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Cobra Kai

04/16/13 10:19 AM

#3758 RE: mike306oh #3755

interesting but the price was 13-14 cents even on the promotion teaser

D-listers wont move this- only a swarm of electronic banner adds showing up everywhere or better yet hardmailers are confirmed hitting mailboxes which doesn't look likely at the moment- big promo budget could arrive in some way unless Mr. Dobbs abandoned his subscribers?? he wouldn't do that now would he? (lol)

I hope for the sake of traders/investors whomever the insiders dont feel the need to hold this down and maybe a longshot SMA breahtes some new life into this
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rawman

04/16/13 10:28 AM

#3763 RE: mike306oh #3755

Great piece if someone is just interested in getting a complete picture of the Bakken. On the other hand not sure only 5800 acres without any specific info re: known reserves and no money to drill (recall the $5mm from Ambrosia is only an LOI) provides much comfort. Yesterday someone posted that the company has 400mm authorized shares and roughly 200mm outstanding (150mm to Lanin Group for drilling rights?), but this info is as of last November. If authorized shares were to be distributed, would BOPT have to file with the SEC? To me this big pile of authorized, but theoretically not outstanding shares, is the gorilla in the room!