Replies to post #3606 on Far Vista Petroleum Corp. (FVSTA)

[DragonBear]

Undisclosed buyer mentioned in the PR may exist via a sovereign Russian corporation!

Then the set up becomes...

This known oil field goes up for sale not once, but twice. And each time this producing field, was ignored by Lukoil. The large oil company adjacent to the property, who had access to at least past 2D if not 3D seismic to match up against their own bordering property. Now why wouldn't a Lukoil sitting there with a 3D picture showing a promising area of their own property extending into another property up for sale, not want to make a cash bid? Denying they had any talks since the FVSTA announcement about a JV?

The only party stating there's 4B barrels, which by the way shrunk in later PRs is... FVSTA courtesy of some fly by night oil geologist.

Note also the FVSTA PRs never has given the name of who is making a bid offer. That's not the way the oil market works. The bider makes the bid, and announcement to the market. Counter bids are also announced to the market. Instead in the microcap penny world it's a huge secret.

The pump game was: Announce "monstrous" find. Announce offer - reject. Mutter something about an up listing. More offers - reject. Then make a mutter suggesting if the stock was on a higher exchange the offer would surely come in at the higher stock up listing price. Then announce - here comes another offer. The next step would have been to say they are not going to entertain any more offers, until after up listing. That would be worth a year or more worth of announcements. No need to say anything about a buy out after that. They would continue to assure stockholders the up listing was progressing, and THEN they would sell the company. Of course the up listing would seem to be delayed for unspecified reasons as time went along. Sprinkle in PRs about new estimates, and up zips the PPS. The insiders dump. Instead the mean ole SEC put an end to the game.

FVSTA is free to announce whatever they wish before the stock starts trading again. If it's just a matter of the Russian gov forcing an undisclosed buyer to make an offer, then FVSTA can issue a material event PR stating exactly that.

The probability is extremely high, you have heard the last about bids and offers coming in. There won't be, and never were any offers. One can forget about PRs discussing up listing, outside of some generalized PR about finding a MM to sponsor a 211 so as to get off the grey sheet. Most of the suspended greys who PR about the suspension do so in the first couple of sessions after suspended. Some just go dark permanently. Will FVSTA go permanently dark? Currently they don't seem too chatty all of a sudden.