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Have any of the current shareholders ever taken a look at the ten (10) year history of this stock. If not it would pay you to do so. I was a shareholder in and out all in all made a few and I mean afeew doubt if I covered my expenses. This seems to be run for the benefit of the officers, directors etc. There used to be a couple brothers who through promotions you name it made millions they are long gone. I do not beleive this company has pumped one bbl of oil from an ocean site the one they are sittting on now. Millions of sharholders dollare are gone and people still bite. They are based in the heart of Texas oil or lets say in the state of Texas millionares have been made from well not far from thier office. I am not talking the gushers just a plain oil well whose cost are low and a 200 bbl per day say times 5 time the average of the price of a bbl averaged over the last ten years would have made this company an oil company.
If there was any oil where they are EXXON, STATOIL, you name them would be there producing..
Are they there? No they are not and IMHO they will not be. Sometimes it is just better to leave than hang around buying advice, listening to rumors and watching the till go dry.
$5.00 with a producer then a promoter. IMHO .