Posted On: 10/23/2014 11:26:53 AM
Post# of 4274
The only positives I can think of here are
1. The company is staying current.
2. They are obviously issuing shares far under market value for a reason -
either to pay promoters, themselves or both and they will run it to cash out at
some point.
3. Nations Oil & Gas is current in the state of Utah - even though $BKEN cannot
prove they own any part of Nations Oil & Gas on paper. Just hearsay.
4. No new shares issued this time last year, which means dilution is not ongoing
and any shares being sold now are leftover dilution or impatient retail.
However, there is a shit ton of shares issued from Jan 2014 to June 2014, which means constant dilution is coming starting Jan 2015.
1. The company is staying current.
2. They are obviously issuing shares far under market value for a reason -
either to pay promoters, themselves or both and they will run it to cash out at
some point.
3. Nations Oil & Gas is current in the state of Utah - even though $BKEN cannot
prove they own any part of Nations Oil & Gas on paper. Just hearsay.
4. No new shares issued this time last year, which means dilution is not ongoing
and any shares being sold now are leftover dilution or impatient retail.
However, there is a shit ton of shares issued from Jan 2014 to June 2014, which means constant dilution is coming starting Jan 2015.
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