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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 Apr 10, 2006 1:46pm
140 Views
Post# 10655122

Hot Air

Hot AirOnce again we are hearing from the self exclaimed experts telling us that they are about to take over the company and straighten it out. I sometimes think that some of these posters are teenagers who don't have a clue about the real world. Cotter is in control and Cotter will be in control after the AGM. Anybody that thinks different is obviously not very knowledgeable about this situation. What has Cotter done? Taken this company on an 8 for 8 success ride. Whose fault is it that the shareprice has not gone up? If some of these complainers would go out an buy a couple of million shares at a higher price, the share price would go up. Typically, small compaines like PSH will start out with about 5 million shares valued at $0.25 and then, about three years later, will have 100 millions shares valued at $0.05. PSH has not done this. Cotter could easily do a pp and dilute the shares. As long as he doesn't do this, we still have hope. As long as the total number of shares stays where its at while the income to the company keeps increasing, the company is bound to be a success. We will have to wait to see if that happens but, one thing I am sure of, whether it happens or not, Cotter will still be running this company.
Bullboard Posts