{"id":6898,"date":"2015-09-17T15:15:45","date_gmt":"2015-09-17T15:15:45","guid":{"rendered":"\/?p=6898"},"modified":"2015-09-17T15:39:58","modified_gmt":"2015-09-17T15:39:58","slug":"black-stallion-oil-and-gas-inc-otcmktsblkg-gets-another-black-eye","status":"publish","type":"post","link":"\/articles\/black-stallion-oil-and-gas-inc-otcmktsblkg-gets-another-black-eye\/","title":{"rendered":"Black Stallion Oil and Gas Inc (OTCMKTS:BLKG) Gets Another Black Eye"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91371\/fsadfasfas.png\" border=\"0\" width=\"444\" height=\"198\" \/>Black Stallion Oil and Gas Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a>) stumbled 11.32% in yesterday&#8217;s session on a heavy 815 thousand dollar volume. <\/p>\n<p>A claim from any investor worth his salt that this most recent fall was unexpected can mean one of two things. Either he hasn&#8217;t done any due diligence on <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a> <\/strong>whatsoever and therefore doesn&#8217;t have a clue as to how sad the company&#8217;s situation actually looks, or he is lying.<\/p>\n<p>And, suffice to say <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a>&#8216;s<\/strong> current state, as revealed by its latest financial report for the period ended June 30, 2015 is pitiful indeed:<\/p>\n<ul>\n<li>Cash &#8211; $239 (<span style=\"color: #ff0000;\"><strong>NUMBER NOT IN THOUSANDS)<\/strong><\/span><\/li>\n<li>Current assets &#8211; $7 thosuand<\/li>\n<li>Current liabilities &#8211; $20 thousand<\/li>\n<li><span style=\"color: #ff0000;\"><strong>NO REVENUES EVER!<\/strong><\/span><\/li>\n<li>Quarterly net loss &#8211; $34 thousand<\/li>\n<\/ul>\n<p>In spite of what the pumpers e-mails and landing pages claim, the reality is that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a>&#8216;s <\/strong>state looks grim indeed. The fact that said pumpers were to be compensated with $150 thousand speaks volumes in and of itself.<\/p>\n<p>And so does the fact that two years ago, the company sold almost 20 MILLION shares of its common stock for $49 thousand.<\/p>\n<p>Of course, all of this does not mean that there is no money to be made from <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a><\/strong>. On the contrary &ndash; the opportunity for profit may well present itself to enterprising traders once more. After all, if the pumpers were really paid $150 thousand, it is doubtful that they&#8217;re done touting.<\/p>\n<p><img decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91371\/fsadfas.gif\" border=\"0\" \/>However, investors should really take all the grizzly details into consideration when making up their mind about <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BLKG\">BLKG<\/a> <\/strong>stock, and act with the care that the current situation is due.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Black Stallion Oil and Gas Inc (OTCMKTS:BLKG) stumbled 11.32% in yesterday&#8217;s session on a heavy 815 thousand dollar volume. A claim from any investor worth his salt that this most recent fall was unexpected&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1789],"class_list":["post-6898","post","type-post","status-publish","format-standard","hentry","category-news","tag-blkg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6898"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6898\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}