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US Oil & Gas - so when is the report into your lies due? When is insolvency?

By Tom Winnifrith | Saturday 16 May 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Once upon a time US Oil & Gas (USOP) was the darling of Bulletin Board loons. Okay it gotr booted off ISDX and had completely worthless assets but it huffed and puffed and its shares raced ahead on GXG markets. But as it teeters on the brink of insolvency surely it should update us all - if only to give us a good laugh - on how the regulatory enquiries into its numerous lies are going and on how close it is to bankruptcy.


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