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Bullboard - Stock Discussion Forum Imperial Resources Inc IPRC

IMPERIAL RESOURCES, INC. is engaged in the exploration and development of oil and natural gas properties. The Company acquires the oil and gas interests in various manners, by purchasing them or via a farm-in whereby it earns its interests by developing the acreage of another. In addition, the Company has purchased a salt water disposal facility. The Company has decided to focus its core... see more

GREY:IPRC - Post Discussion

Imperial Resources Inc > Pink sheet warning.
View:
Post by stargazer1 on May 20, 2014 12:25pm

Pink sheet warning.

Pink sheet site has been posting this warning for months now:

Warning, No Information
This company may not be making material information publicly available.

According to their site, when a company is no longer compliant with SEC posting requirements they try to contact the company for an explanation. If they are unable to contact the company they post the above warning.

I have e-mailed the company several times asking for any kind of reply, going back even before their last update in September, but I have never gotten a reply. I haven't tried calling them because I am hearing impaired. Maybe somebody can call them and see if they even have a working phone line anymore.

I sold over 75% of my shares for around 3 cents awhile back, which was a loss of over 50% since my average price was 7 cents, but I still have a bunch of shares, which I wanted to hang on to just in case we ever get an update from the company. They seemed to have such great potential. If the company isn't a scam and if they ever get things going, we could still end up making good money. But if someone tries calling the company and you get a message "This number is no longer in use." then that is probably all she wrote.
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