callmescepiital- What you say is true but the fact remains that we are here at this point! How can we get the company to be more transparent?. I have on numerous occasions tried to reach the companiy's contact person(as listed by them on the internet) with no success. The fact that they are increasing the authorized shares to two billion while initiating a 1 for 299 split will dilute the stockholders equity in a major way. Can they now have a joy ride selling these inflated shares for their salaries and seemingly poor performance? Would you have a FAX number for the company or Alex? Are you a current or past stockholder?
It seems we know everything about dents and scratches and leaky seals but nothing about when we will get out of the prototype stage and when production units will be available to sell to oil field customers, Either we are making progress or pursuing an impossible dream! Having been in engineering we should be at a stage where it is feasible to develop a schedule with major milestones leading to a finished product/s. In this manner we can all follow progress in a meaning full wayr. I cringe when I see the price of this stock sliding severely. Do others know more than we above and beyond the bits of trivia tossed at us from time to time. .I am not a trader, but bought this stock on the basis it was a good idea. My hopes are dimming. I Feel sorry for those who may lose substantial money. The 100 to 1 split is a farce!!!!