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Gold/Mining/Energy : Ness Energy International -- Ignore unavailable to you. Want to Upgrade?


To: Outer-limits who wrote (272)5/24/2001 10:53:28 AM
From: sks1  Read Replies (1) | Respond to of 364
 
Talking about a "spud-in" is a little premature when this company:
1. Doesn't have a drilling rig.
2. Doesn't have any $.
3. Has had a pending registration statement in front of the SEC for almost 9 months awaiting approval to sell stock to the public diluting the equity holders by 50%. (why so long)
4. If approved will attempt to sell it themselves. (why no underwriter?)

Yes, you are playing on the tracks with ear plugs in and blindfold securely fastened!
:>)
sks1
5. Has virtually no current assets or revenue.
6. Has a market cap of +/- $60,000,000