Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
OMOG.... OIL AND GAS
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by cactus33: [QB] very interesting... "Re: Art Your observations make a lot of sense. The reality is that no-one knows who is selling what and what people are buying with their own money. The trading volume to reach these current levels from our recent lows is a lot. As well, the gains on such large volume seem smaller than some of the runs in the past. You posted some of your theories about that and they may be dead on but it also could be a few other factors. Considering the authorized shares raise, the company's dilutive past, some of the larger shareholders not getting along, it being summer time and all, etc could be a few reasons as well. A lot of people who speculated on some past .0038-.006 shares from the last funding raise wish they had bailed on the last run to .016 a few months ago. They seem to be taking advantage of the buying and volume to get re-liquid in case it falls back down to recent lows again or to new lows if the company sells new paper into the market soon. I suspect over the next few months many shareholders will want to slow down their getting out of some of their position as more light can be seen at the end of the tunnel. As far as leaving my recent buying a mystery, you could be right about the stock trading higher if I handled my buys differently. We'll never know if that would have been the case but at least now I am communicating better about our investment and company about what my intentions are. My credibility and the shareholder's hope to make money eventually is coming off of an all-time low in my opinion. With the preferred issuance, the authorized raise and some other decisions made recently now would have been the best time to radically dilute, reverse, etc if that was my motive. Instead big efforts have been made to rebuild that confidence and really get our company successful. There will be a NL out tuesday that really makes a lot clear about our near term future, my level of commitment and big growth that we can start getting excited about. I hope your right about the main lawsuit coming to an end soon, it definitely would help us all feel much better about our investment.It would also get us much closer to needing experienced and proven management to get our wells producing as much as possible. You mentioned a few weeks ago about KING possibly venturing up with us to service our wells in the future, if it's the best option we have at the time it would great. When I bashed their manangement team some I did make clear that it was information I had received from a TX contact of mine. I don't take rumors for granted in this business so I wouldn't make Omda or personal decisions about them because of one person's opinion. Like I stated, I am not comfortable posting here who my source was but if you e-mail me and agree to keep it confidential I will tell you who told me those bad things. Again, it could be just someone's opinion and have no truth to it. As far as the challenge we have going about which stock out performs the other I really don't care. I am not backing out from what I agreed to but for the record and in the interest of peace I am just letting you know that it's not something I think about all of the time. I hope both stocks tie in 9 months and we're all up 1000%. Additionally on the record I do have a few things to apologize for and I would like to clear my chest on them. I truly am sorry for burning your trust and damaging you in anyway. I won't attempt to know all the ways I adversly affected you and I don't expect you to be forgiving but I wanted to at least make an attempt. One main apology that should cover most of it is for all the times I made representations to you, you in turn made those representations to others and then I didn't keep my word. Had I been straight with you more often (I don't think we would have had more success with Panola, Patroon, Lanza or Young had I been different) we definitely would have had other successes that at current we don't have. In addition to wanting to take back some of my actions I also regret posting anything derrogatory about you on the message boards. I won't get into anything specific that I may have said but I will refrain from doing so in the future unless it's something nice. We have enough to focus on and worry about with our company and investment and in my opinion there's no room to burn up precious energy fighting each other. We don't have to like each other but I feel we owe it to ourselves and to anyone that we recommended this stock to, to allow success to show itself, encourage it and not get in it's way. It's probably fair to say that without my resignation you wouldn't even consider being peaceful with me. That's very understandible but if we can meet halfway for now, even that move can be accomplished w/o hurting our current opportunities if done at the right time. As some of you know, I have recently been named to the suit that Lanza filed against us. With that to be considered as well as the suit we brought against them, it would look very bad if I stepped down right now. It would look bad to the Panola deal we are trying to close and get paid on, it would hurt us in the Young suit that we have a great shot of winning, and it's not fair to my successor to hand off the control with our financials pending completion and other messes I am cleaning up. I am also about a year of due dilligence and work into a mega- merger that is super pick up for us and I'd feel better getting that closed before making a move like that. We have room for a CEO, CFO, COO, President, etc after we recover our assets from Lanza and that would probably be a much better time to step down than something suddenly. I am open to suggestions but I feel now is the time to rally together and use teamwork to make the tough decisons that will shape the future of our company. Again, I apologize for hurting your feelings, for misleading you, for damaging your credibility and anything else I did whether it was intended or not. The NL on tuesday will have a dozen new positives for our company's future. After digesting them I'd welcome and appreciate any feedback from you or from anyone else before the developments or decisions become law or get fed to the public in press release form. I'll be back on-line tonight. AB" [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2