Full Disclosure - 88 Energy Ltd Sells Prior to Press Release
134 Comments
W
William Wolford
4 years ago
This was very suspicious, plus some one and two shares being sold (at $.01 per share in an average market of tens of thousands of shares).
Whole thing seems manipulative.
J
Jay Walser
4 years ago
Was wrong what they did!
J
Joseph Arenella
4 years ago
Featured
Received emails regularly on Sunday nights showing positive results and high expectations for a year and a half. Then boom- stock starts falling several days before negative results published. I lost 80% before market opened- 9k dollars
I
ian heslop
4 years ago
Very strange
A
Anonymous
4 years ago
I request an inquiry.
M
msd
4 years ago
undermined backdoor deals to profit themselves and to leave shareholders wanting.
N
Nas
4 years ago
Stop manipulating the stock
A
Anonymous
4 years ago
Held nearly 10 million shares and took a large hit. Something sure smells bad here!
A
Alejandro c
4 years ago
Transparency we want
A
Antony
4 years ago
Featured
As per OTC short volume report, short percentage for EEENF gone up from 26.05% on Friday, 25th March to 41.37% on Monday 28th March. I am not an expert but I thin a news leak may have caused the increase?
P
Picot
4 years ago
Shareholder for two years
M
Michael Dyer
4 years ago
Shady...
M
Matthew
4 years ago
I lost $15k.
J
Jane young
4 years ago
Down 76%. Lost everything
T
Tom Davis
4 years ago
1.4 million shares, down 23K. Just check to make sure it was all legal
G
Gerald McDonnell
4 years ago
transformational wealth?
C
christopher stroud
4 years ago
I concur with the questions raised in the petition.
E
Edward Franulovic
4 years ago
Shareholder
A
Anonymous
4 years ago
Featured
Full Disclosure coupled with Full Forensic Audit by an Independent Auditing Firm specializing in Insider Trading Investigations based in the United States is in order. This report should be publicly released to all shareholders in addition to submission to the SEC and other reporting agencies. RICO violations should be investigated as well.
A
Anonymous
4 years ago
(i) please investigate the legality and the appropriateness of the arrangement whereby ELKO was issued with shares in lieu of cash payments for services rendered and to be rendered over the course of the '22 winter season. Investigate whether it was legal/ethical/appropriate to permit ELKO to sell those shares *during the operational period* when the principal of ELKO, the prime contractor, was also the senior 88E employee based in Alaska.
(ii) Demand the BoD refuse to release the proceeds of any share sales by ELKO over the course of the last 4 months pending a full audit of the budget and costs of the '22 operations. Demand any profits over and above the audited invoiced costs made from selling shares *during operations* be retained by the company.
(iii) Demand a similar enquiry for the 130% budget overrun of the '21 winter season. If anything the conduct of ELKO and Dave Wall was even more egregious in '21. Not only was there an outrageous overspend which could not be explained by the brief hiatus due to legal matters, but on this occasion we know for a fact that ELKO sold all the shares issued that season during the March/April OTC inspired spike.
(iv) Demand the BoD request the '21 and '22 season budgets and invoices are audited and published. Demand accountability for the budget overrun in '21 and ensure the overspend was legitimate and that ELKO was not "padding" their invoices to pay over-the-top fees to associated contractors on the North Slope.
(V) Demand full publication of Dave Wall's exit package and full publication of his subsequent share sales by date. It is outrageous that the Top 20 shareholder list has had to be "corrected".
This was very suspicious, plus some one and two shares being sold (at $.01 per share in an average market of tens of thousands of shares). Whole thing seems manipulative.
Was wrong what they did!
Received emails regularly on Sunday nights showing positive results and high expectations for a year and a half. Then boom- stock starts falling several days before negative results published. I lost 80% before market opened- 9k dollars
Very strange
I request an inquiry.
undermined backdoor deals to profit themselves and to leave shareholders wanting.
Stop manipulating the stock
Held nearly 10 million shares and took a large hit. Something sure smells bad here!
Transparency we want
As per OTC short volume report, short percentage for EEENF gone up from 26.05% on Friday, 25th March to 41.37% on Monday 28th March. I am not an expert but I thin a news leak may have caused the increase?
Shareholder for two years
Shady...
I lost $15k.
Down 76%. Lost everything
1.4 million shares, down 23K. Just check to make sure it was all legal
transformational wealth?
I concur with the questions raised in the petition.
Shareholder
Full Disclosure coupled with Full Forensic Audit by an Independent Auditing Firm specializing in Insider Trading Investigations based in the United States is in order. This report should be publicly released to all shareholders in addition to submission to the SEC and other reporting agencies. RICO violations should be investigated as well.
(i) please investigate the legality and the appropriateness of the arrangement whereby ELKO was issued with shares in lieu of cash payments for services rendered and to be rendered over the course of the '22 winter season. Investigate whether it was legal/ethical/appropriate to permit ELKO to sell those shares *during the operational period* when the principal of ELKO, the prime contractor, was also the senior 88E employee based in Alaska. (ii) Demand the BoD refuse to release the proceeds of any share sales by ELKO over the course of the last 4 months pending a full audit of the budget and costs of the '22 operations. Demand any profits over and above the audited invoiced costs made from selling shares *during operations* be retained by the company. (iii) Demand a similar enquiry for the 130% budget overrun of the '21 winter season. If anything the conduct of ELKO and Dave Wall was even more egregious in '21. Not only was there an outrageous overspend which could not be explained by the brief hiatus due to legal matters, but on this occasion we know for a fact that ELKO sold all the shares issued that season during the March/April OTC inspired spike. (iv) Demand the BoD request the '21 and '22 season budgets and invoices are audited and published. Demand accountability for the budget overrun in '21 and ensure the overspend was legitimate and that ELKO was not "padding" their invoices to pay over-the-top fees to associated contractors on the North Slope. (V) Demand full publication of Dave Wall's exit package and full publication of his subsequent share sales by date. It is outrageous that the Top 20 shareholder list has had to be "corrected".