Good Posts there Satansam. You really did your in-depth DD. Good to see someone share their hard work with other believers. That rich dude,who seems to have very good access to info, said in February that an update would be coming shortly on the phone update...so we should hear within a couple of years.Maybe combine it with the name change status to give shareholders a large 3-line News Release.
But spending $700 a day on Dining,Travel and Entertainment to woo that Eastern potentate into becoming a 10% holder (before quickly losing that status to further dilution) was well worth it or the Board Of Directors wouldn't have awarded a $150,000 Performance Bonus to the 2 top BOD performers during the CTO.Is that Eastern Potentate's telemarketing Co. the one always calling with the exciting news I have won a TOTALLY free exotic vacation package but just need to give them a valid Credit Card number to charge $10 for gratuities?
I heard Devon can't process the water from the River running through the Turner Valley well is the reason it's shut down.Or was it that they can't pay the $25,000 a month pump rental?Anyway the 20 Barrels a month of oil fell a bit shy of the 200-300 BPD predicted.But shareholders can fill their Bic lighters free from the money-losing 1-well Noel mega-project.
And if you can't buy your own Co's. shares,what better way to reap huge profits like the common shareholders have than lending your Co. money for secured Notes and Debentures at between 40% and 12%?Then "lend" money free to your Related Party Co's.? Or sell 100% of the worthless Northern Lease to the shareholders before declaring it worthless and relinquishing it?
Is the Phase 1 production facility still on track to be producing 5,000 BPD of scarce Kerosene by next May? This stock will fly with the next news release!!! I was in Wallymart and a 2 gallon can of Kerosen was priced at over $27!! Just hold onto your shares folks......it's blue sky ahead.
GO GNZ!!!! Kerosene...the fuel of the past. The fuel of the future.
PS: Nice roadkill WD40