0 thoughts on “Financial Armageddon 2008: Part II”

  1. Did Continental Fuels really purchase Geer Oil in TX? And if so, what was the real value of the purchase? Was the purchase just hype?

  2. Yes, it looks like they did. The problem with CFUL is not that they aren’t a real company, but that they lose money and that they diluted shareholders with a ton of shares (mostly in convertibles, so you have to dig to find the real share count).

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