You all have my sincere apologies for seemingly promoting ITEK on this board yesterday. My intent was certainly not to drag anyone down with me.
Dark ONCY... you are absolutely right when it comes to doing your due diligence and the importance of really knowing a company before you invest or I invest our hard earned money. And yesterday morning I absolutely did NOT do that with ITEK.
And until I did my full homework... it was certainly wrong of me to put that stock on the board and have some people lose some money right along with me. If so... you all have my apologies... and like I USUALLY recommend around here... before anyone invests... I urge everyone to do their OWN due diligence.
I definitely was seriously trigger happy yesterday... and by not doing my homework... I just lost some quick money before I was able to sell this morning... but based upon warnings from Biotex and elseinvestor... it looks like my hit could have been much worse if and when a 10 for 1 reverse split ultimately took place. Of course it would be terribly ironic for the company to somehow take off and go on a serious run. But bottom line I should definitely some much better DD before throwing my money around.... so points well taken Dark Oncy on that.
In terms of FNGC... that one I have studied for a few months before I invested and then invested some more. On this I am running out the door so I don't have time to go into the details. Please do your own DD and at least call investor relations and do some digging. The bottom line is... that last year this company was all speculation. They had their properties but no wells were sunk. They have now drilled 4 and all 4 have hit. You will likely find out prior to Feb 15th just how much they have hit... but they will be going from never having revenues to generating revenues as the result of these wells. Don't take my word for it... I know my credibility is a little tarnished here this morning. So call investor relations, start there... and then continue digging and see whether its a wise investment for you all.
Thanks again to everyone on the board. For as much smack as everyone talks from time to time... you all did an amazing job of watching my back.