We haven't lost anything yet. I am hanging on for the whole 5 years. I don't see any scam here, just some hard times with all the business operations. Here in Texas the so called Fracking for oil is doing real good down 8,000 feet deep and horizontally. Maybe it will do good with our oil wells on the Canada- U.S. border.
There are about twenty pictures of the drilling site and the drilling by Faithe drilling company. If they hit oil, I believe the stock will start going up instead of down. It was over $2.00 a share when they started in 2012. And it has been down to .29 cents since. I bought in at .78 cents a share six months ago. Sold it once and bought back in at .59 cents a share.
Fixing to start drilling 8,000 feet deep and a mile horizontal along with the new method of fracking. Sounds like good news and the stock price went up ten cents today and should be over a dollar or more by year's end . Good luck to all that stayed with the drilling. I hope my 22,000 shares makes me some money finally. Be a nice Christmas gift.