I know a lot of you are following the Josh Cohen $AZRH saga.
But, tonight is going to be a big one for scam oil companies in the Permian.
This evening there will be a spaces call with @laralogan discussing the scam company $MMTLP.
This company ran a huge scam touting oil reserves that never existed. Pumped their stock up telling people they would sell to Exxon. All fairytales.
Many dry holes, and thousands of broke retail investors, later the UT Land System yanked their development agreement because the company 1) never established production resulting in sales and 2) never paid its minimum royalties and 3) did not fulfill its drilling obligations.
I would imagine they will wax on about how the SEC screwed shareholders and won't talk to him. The reality is the SEC issued subpoenas. The principals, however, dumped their shares at high prices.
Everyone in Midland with a brain understands that this was a scam built on a huge lie of billions of barrels of oil being recoverable. The truth is they never sold a single barrel.
A huge group of moronic investors believe that the SEC is the bad guy and not the fake oil reserves.
These people are so crazy that the SEC had to tell people to work from home because of the incoming threats from broke $MMTLP investors.
https://t.co/1HCUAuQPOn
He laughs at it.
They don’t have to enforce Sharia on a population to work anti-gay laws into society (which they are doing in Michigan).
They don’t have to enforce Sharia on the population to slaughter animals in their backyard (which they are doing in Michigan).
They don’t have to impose sharia on the population to tell vendors that they can’t sell alcohol or lottery tickets (which they are doing in Houston).
They don’t have to impose sharia on the population to murder their children for honor (which they are doing in Michigan/Texas/California/New York/Arizona).
Islam isn’t tolerant. That’s the problem. Obviously we don’t want jihadis here but the whole fucking religion just does not work in the U.S. And anyone who thinks that Muslims won’t set up their own sharia courts here probably doesn’t realize that Hasidic communities have had rabbinical courts in the U.S. for decades.