ocean, I have read your posts and you know some stuff for sure. But I am dismayed that you even look at the price of oil on a non producing company. This is not about production, this is about finding oil or gas. prices will go up and down for crude. Major companies have enough available production to satisfy current demand and prices are relative. No reason for companies to look for more now if they have more than enough available for the next few years. But little old Infinity....this is about finding it and being ready in a year or two to produce. Prices for crude could be $20 a barrel or $200 a barrel. And that's when the price of crude matters, when we have something to sell.
It does bother me that someone is unloading a ton of shares and continues to sit with 20/30/40,000 shares on the offer, no matter what gets bought.
Going to need a 50 to 1 reverse to get on the map again. Should I call Stan now smith?
A bigger, better, sexier 94 Camry will be waiting out front. .
FYI, rumor out there that a short is hammering IFNY off the board. No deal or news and a reverse pending is a cat call for a shorter
I understand splits. 1 for 10 gets us $3.50 and history tells me there will be a sell down from there post split. Sells down to a $1 post split and we are looking at a 10/12 cent pre split price (sorry I exagerated saying a nickel) Better have some powerful news before any reverse happens or present common shareholders are being served up on a platter. Not a lot of shares out requiring a split, but because management needs nasdaq listing and has never been able to get a qualifying stock price for a required period of time, there will now be a reverse.
#$%$, this will be an issue and i would expect some to block this any way possible. At 35 cents and getting whacked back to a nickel after the split, I would rather see this go out of business than be deceived and then rammed up the backside, after years of promises. Most recently, a few months ago.
What do you have to say now smith? Where is the silver lining?
Rational??? Dude, read the post....why call Stan? To hear what? Do you think you can bank on anything he says? Just busting you about your unabashed love for Stan and how you interpret his comments over the years. Look what you have posted over time and look where we are and then say, "why did I post that....was i used as a mouth piece to spread potential news or what I call "propoganda?" Nothing else of value to talk about here, so might as well chime in on your blind love posts. And like you, I am long. Just a realist who is now 100% from Missouri, who will go down with the ship before taking 38 cents.
I hope Stan Ross can make you look good smith!
Are you delirious smith? Call and expect to hear what besides Stan's rah rah chant with no meat on any bones?
Are you crazy, on drugs or so old that you just cannot get what has happened over the past 2, 5, 10 years.
Or are you all of the above, old, on drugs and crazy........must be. .... 39 cent offer is waiting for you with more at 40 cents right behind it.
And you expect to hear what?
Granada is close?
Nic approvals soon?
This and that should be soon..., like1st quarter?
Or we stiil need to do this to do that?
Or financials need to be updated before anything can close???
And before you label me a cynic, look at history and reality