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Bullboard - Stock Discussion Forum Brixton Energy Corp PMBJF

"Brixton Energy Corp is engaged in the acquisition, exploration and development of petroleum properties."

GREY:PMBJF - Post Discussion

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Post by beenaround2012 on Jul 27, 2012 10:11am

Dontask

Dontask this is what I have right now. Richard has been keeping the company going with his own money ( rent, phones, fillings travel, ) remember when he takes shares for debt he has to pay tax on it at the price he got them at. So if he sells for less REV CAN will still make him pay tax on what he got them for. I had a quick look at sedi his trading (08 to now ) and the financial ( 08 to now ) and it looks like at times he has sold below the price he got them at a couple of times. Add the financials with the trading and I think it may be true that he has put the money in to keep this company going. The woman ( sorry I don't have name in front of me mirov something ) is not going to get a salary this year and will help out as a consultant. I will try for more when I have the time.
 
 Also I think we should have news next week. Don"t forget things can and do change
 
 Good luck to all
Comment by jimrockford on Jul 27, 2012 11:32am
Ask your "friend" Richard why, after months since his resignation from the BOD, he still has not taken Jerry Hale's (a good man who Richard hid behind) name off the website. If he can't do that, then how much else on the website isn't true? And don't get me started re the tens of millions in loan money that was promised in NRs and that never arrived. I said at the time ...more  
Comment by wdr2 on Jul 27, 2012 12:49pm
Just had a call from Vancouver and thought I'd take look.Seems they have a JV in Ontario and thats the news plus new land leases.Well I have been down this road before and BRX is the a typical junior pumped out of Vancouver sweat shops.Rockford is right these small juniors just bleed the retail investors to death with promises of huge potential gains from their newly acquired leases.Well if ...more  
Comment by dontaskitsbigger on Jul 27, 2012 5:57pm
Great thread by the way...thanks for your contributions; Jrock, erussel & wdr! Well if there’s no money in the till…. Where’s he getting his money from? If he’s blowing his stock out at less than the issued price that sounds like the a source to me…also sounds like desperation and the end is of the road to me too. @ Thehurricane As far as the ability to execute let’s revisit the history of ...more  
Comment by Mandara on Jul 30, 2012 10:34am
Dontask - WOW, GREAT POST!  I completely forogt about Clinch!! and how everyone was getting shares 45 days after the rollback.  TheHurricane - I have a pretty good idea why you are attempting to spin this company.  Dontask's post is THE REAL STORY.  Your diatribe about BRX having a shaky start and a bumpy road is just laughable, and complete hogwash.  They ...more