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LGX Oil + Gas Inc ROAOF

LGX Oil & Gas Inc is a junior oil and gas company. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its projects are in Southern Alberta. The company invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing, and transportation assets located in Western Canada. LGX is dedicated to delivering growth in reserves and production for its investors through land acquisition, exploration, and development of oil and natural gas resources.


GREY:ROAOF - Post by User

Bullboard Posts
Comment by sallytucker0on Oct 04, 2009 12:23pm
319 Views
Post# 16360902

RE: Value of Tax Losses??

RE: Value of Tax Losses??Longs -- please don't let 'them' bammboozlle youn into dumping your shares just yet--- untill OIL is delisted-- the DTCC still has to make good on ony naked or shorted shares that are not accounted for. Just because they are bankrupt doesnt let them off the 'HOOK'

eg: MM's the cause: Our current DTCC-administered clearance and settlement system congressionally mandated to be based on “good form delivery versus payment” or “DVP” has illegally adopted a foundation of mere “collateralization versus payment” or “CVP” so that its abusive “participants” can easily establish massive naked short positions by simply refusing to deliver that which they sell and predictably kill U.S. corporations so that the funds of their shareholders can be rerouted into their own wallets. The “pseudo-delivery” of an easily counterfeited electronic book entry with no paper certificate held anywhere to justify its existence does not constitute “good form delivery”. It constitutes fraud and the “illusion” that trades on Wall Street are legally “settling”.
Bullboard Posts