As a looooooong term shareholder the major thing that will restrict upward movement of the share price is the 1.64B shares issued. I have spoken to the company in the past about this and it is something they are aware of. Hopefully there will be consolidation at some point to weed out the daytradres. A 1:10 consolidation will provide a good foundation in my opinion.
The one thing I am hanging out for is for an announcement on an aquisition of "oil production and reserves" that they continually include in their announcements. They say they are doing due diligence on potential aquisitions so something must be brewing there and it would be lovely if they find some black gold, texas tea :)
As a looooooong term shareholder the major thing that will...
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