peytonstorm

Their are only a few ways we go higher and quickly. We need to sell the company! Management really should have sold months ago. Another way would be to report good earnings and then announce they will only do 15/1 reverse split. Shareholders HATE r/s, but to cut it back to 10/1 or 15/1 will give this a nice pop. Then they can do a capital raise at a better price. If poo takes another dive and then we do 60/1 and then a cap raise, we are toast. Thats why we are falling! Lack of faith from management. Building shareholder value!! Right

Its clear what the market thinks of this reverse split. The price has been dropping since the announcement of the proxy vote. I would rather see them sell some acreage first, then a much smaller reverse split. 20/1 at most.

Malcy says they have auctioned off some smaller plots of land? Is he talking about the sale over 1 year ago? It was a mostly a gas asset sale. If not what is he talking about? Did they sell some land and it has not been announced yet?

Vote no on the 60/1 reverse split!! The preferred A shares is a poison pill to make it difficult for a takeover! Where is the shareholder value Mr Ford? SELL the company now!! If this reverse split occurs shareholders will never recoup their losses