First of all, I recognized that was another person's post that you had swallowed whole cloth, and you were simply spouting it back without comments of your own.
Second, I am and have been neither a bull nor a bear. I am an observer, and I dislike one-sided, unnuanced, extreme opinions in any situation that I am trying to understand. That's why all along I have raised questions about your or anyone else's propaganda. Your comments have consistently been all one way or all the other way. They invite me to show the other side of the story.
As another speculator said:
(1) I still like the fact that NAMX has working agreements with two oil and gas giants--KNE & UPR. (NOTE: As far as I know the UPR agreement is still in effect.)
(2) The company has said it is attempting to cancel any illegally issued shares during recall, and this will not be fully resolved for another six or seven weeks. I for one don't expect any news until the new shares have been issued.
(3) If NAMX were out only to scam its stockholders, I think (a) they would not be signing agreements for drilling etc., (b) they would not be exposing problems with illegal shares, liens on wells, etc., and (c) they would not have undertaken a reverse split. (Announcements of working wells will send a stock from 1› to 13› much faster than from $1 to $13, which is a big jump even for a 1.5 million float.) This appears to be a company that is trying to turn around because they have the assets and ability to thrive.
(4) They have new people running the show, Tom Lourie, George Ziller, and Steve Symms (http://www.exchange2000.com/~wsapi/investor/reply-5490670), who IMO would not have joined a scam. If it is their better judgement to hold off on releasing news at this time, I will wait for proof of their good or bad judgment before writing them and the company off as fraudulent.
M.M.
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