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Gold/Mining/Energy : EFCR - Energy Producers, Inc. (Firecreek) -- Ignore unavailable to you. Want to Upgrade?


To: Harold S. who wrote (596)2/15/2006 10:54:48 PM
From: rrufff  Read Replies (1) | Respond to of 841
 
Read the filings, pal. They are not going to get to any oil, 10 wells online, before the r/s. That's my opinion, but they can't keep going like this and losing shareholder support.

You see that Jed, one of the most loyal shareholders, seems to have given up. I feel badly for him.

Believe me, this is not pleasant to show you the errors of your ways. You're not even gambling. You're just throwing your money away.

And you had the nerve to bash other stocks.

Have you learned a lesson yet?



To: Harold S. who wrote (596)2/15/2006 10:57:49 PM
From: rrufff  Read Replies (1) | Respond to of 841
 
If you're gonna be a basher, you have to be really slimey and use the old businesses.

How about that yacht business?

Can you trust a company that goes from one business to another?

Then take a look at the big international company they "acquired" with all those initial shares.

Any oil? NOPE -

Here's what they say they do -

Talk about your BS - hope, wing and a prayer.. Yet, they give away shares and lower conversions and strike prices to insiders

specializing in the niche market of rehabilitation and enhancement of existing oilfields through modern management and state of the art technological applications.



To: Harold S. who wrote (596)2/15/2006 11:01:15 PM
From: rrufff  Respond to of 841
 
Got any equity?

Do you know what it means when a company has "NEGATIVE EQUITY."

Do you like reading that equity has increased? How about NEGATIVE equity?

The Company’s total stockholders’ negative equity increased $1,952,618 from December 31, 2004 to ($4,192,533) at September 30, 2005. Stockholders’ equity decreased by $9,413,428 from operating losses in the nine months of 2005. In addition, the Company issued 20,219,444 shares of common stock valued at $1,342,236 to consultants for services rendered in the nine months ended September 30, 2005. The Company also issued 94,847,340 shares of common stock valued at $4,349,510 for debenture conversions and 2,210,253 shares of common stock valued at $155,570 in payment of loans and notes. Finally, the Company recognized a loss of $57,228 from translating British based operations to U.S. dollars at September 2005.



To: Harold S. who wrote (596)2/15/2006 11:04:31 PM
From: rrufff  Read Replies (1) | Respond to of 841
 
They have nothing yet. No oil.

You can't even figure out the fully diluted shares.

OK - now let's assume you are correct and they start getting wells online. How do you pay for production?

Yup - more shares.

Let's see, do you need $500,000 to get things going? Given the dumping, I doubt the share price will be .01, but even at .02 is another 25 million shares that will have to be dumped. Right?

Who is going to buy these shares given the history.

These posts are all my opinion and based on the filings, but I just dont' see how the business plan works given the current corporate structure.

Sorry.