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Lucero Energy Corp Com V.PSH


Primary Symbol: PSHIF

PetroShale Inc is an independent oil company focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota.


OTCQB:PSHIF - Post by User

Bullboard Posts
Post by metzgfon May 16, 2005 10:09pm
111 Views
Post# 9042652

What's goin on?

What's goin on?I have no idea but, like everyone else, I can speculate. How could anyone gain from the present situation? We all know that if we haven't been lied to, PSH should be closer to $1.00 than $0.10. What if the Board of Directors would decide to award each board member with a one million share bonus. If the share price was at $1.00 this would be rediculous. However, with the share price at $0.10, one million shares would only be $100,000. This kind of bonus for a company with the revenue that PSH is generating does not sound nearly as bad. What would be the point? As soon as the bonus was granted, PSH could release all of the good news that everyone thinks is being withheld, and any share bonus would very likely be multiplied by a large amount, maybe close to 10 times. I am not suggesting that this is the plan, but it is an example of why driving share price down could be a means to make a sudden large profit look acceptable.
Bullboard Posts