GREY:SFMGF - Post by User
Post by
valueplaysonlyon May 25, 2013 8:11am
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Post# 21440738
any one talk to Allen?
any one talk to Allen? With significant sales this is a ten bagger. They have to know by the level of interest out there what their sales prospects are. with stock at ALL TIME LOW there are no insider purchases whatsoever. All I see is PP to pay off old debts, significant dilution and that jsut to get out of the ditch.
Allen is a snake oil salesman. If he believed in the company he;d step in rigght away and buy By buying it shows faith in the product pipeline and it also shows confidence in what he brings to the table.
New Board appointees rick George and allen Marking stepped right up to the plate and each bought several million dollars woth of Penn West stock. I dont see Allen John or Luc buying.. In fact Luc sold alot of shares at 2 cents last year.
This is pump and dump only in my opinion. They dont have the budget to get sales, relying on outside sales agents is cheap but it does not produce results as the figures clearly show.
This will struggle to survive. Needs 3 million in new sales before I come on board even if I pay triple for it then.