InvestorsHub Logo
icon url

Al4343

10/30/13 1:01 PM

#1058 RE: UP Trend #1057

It is one of the hazards of microcaps. As soon as one makes headway the standard scam, pos, sham, etc accusations come out, as shorts or latecomers try to panic investors that have not done their dd. To imply Lukoil is involved in something of this nature is quite the incredible claim.

Al
icon url

kentonmag1

10/30/13 1:12 PM

#1061 RE: UP Trend #1057

It's still a POS, I'm sure those people that bought in at 8 cents and who almost immediately suffered a 75% paper loss are still biting their nails.
Russia is a cesspool for corruption and I wouldn't believe anything that a so called Company trading in the Pinks says about their dealings there.
I read their last financial statement and it's pure gobbledygook until page 8 where it admits it has nothing, apart from debt, with very little chance of ever having anything in the near term. Seriously who in their right mind would ever lend a so called Company $45 million when it has zero assets. They are just pulling the wool over peoples eyes.