Why don't we ask the Rand family of Aspen Exploration, Wave Energy, Sentry Energy Production LLC to name a few of the scam companies they ran about "how it works"... as all of the men in that family have plead guilty to stealing 68 million dollars from investors in oil and gas fraud and one of the largest Ponzi schemes recently perpetrated.
I've never heard of any investor who ever made money in the Barnett Shale... except of course for your "happy investors."
It's people like you, the Rands, and every other oil company cold-calling that has caused untold numbers of investors to have their money stolen. From the cold-caller to the the CEO, they all know there is no way in hell that the investor has any shot at a return on their investment from the moment they punch the numbers to get through to a potential investor. Yet all that you scammers can offer is "they knew the risks when they invested and are just crying like babies now that their money is gone." Their money isn't gone. It's in your personal bank accounts for exotic cars, strip clubs, narcotics, and gambling binges in Las Vegas.
While we are at it, why don't we ask Mr Barber of T-bar Resources "how it's done." I guess he won't be able to comment ...unless they have internet at Club Fed for the next 99 years.
Based on all of these facts, common sense dictates that you will be next. And I hope you get 99 years like Mr Barber. That is unless you [removed:lang] out like the men in the Rand Family and plead guilty for a mere 20 years. That's a pretty stiff sentence for "a parking ticket."
I'm now taking bets as to how long it will take Antoinette Rand, Maryann Rand and Anne Rand of Sentry Energy Production LLC to join their men behind bars where they belong. There's getting to be quite a long line of "parking offenders" in the state and federal prison system. Fact is, the chances of any investor recouping their investment money from a cold call from an oil and gas boiler room is about as probable as turning a goat into a thoroughbred and winning the Kentucky Derby.
Thanks so much for your post. As it sounds like you already know, it's always very wise to take your time conducting your own due diligence. Just so there is no confusion on your part, Regal Energy's issues are available through its affiliate broker-dealer, Red River Securities, which is the entity that is actually the member of FINRA.
Also, a big thanks for including that link. I did notice though it doesn't discuss horizontal drilling or the completion costs in the Barnett Shale (which can vary depending on how many stages you use). Below is the link to a more recent article discussing the cost estimate that Regal Energy posted in the news section of its website.
How many CEO's spend any time checking 800 notes and posting with a cookie cutter response. This is the priceless part of the whole situation. I am looking to invest where the CEO constantly monitors the company status on 800 notes. That is the sure sign of a sound investment. I would put that on the company website - any post responded to within 24 hours on 800 notes. Makes me think most of these post are not too far off the mark.
I don't care to place my investments with a company violating the law, speeding ticket or whatever analogy you try to use to justify it. Investments are risky enough without adding in the variable of a company being willing to violate the law in order to fill its porfolio. The DMN article left me with the impression that sanctions were the only way to get Regal to stop cold-calling Colorado - not that it was a one time oversight.
Here at Regal Energy we have an open door policy and work hard in a way that is honest and fair. Evidence of this exists in our dozens of happy investors. You are absolutely right that investments can be risky without proper due diligence and we always encourage potential investors to thoroughly research us. And after all, if we weren’t honest and fair, we wouldn’t be in business.
Regards,
Brian
Part of the reason I enjoy being the CEO of a smaller entity (such as Regal Energy) is the hands-on approach I can take in all aspects of the company. I am truly sorry if you don’t find this to be a good thing. Thankfully, though, many other people do.
Regards,
Brian