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Post# of 887
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LouisDesyjr

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LouisDesyjr

Re: The Scavenger post# 786

Wednesday, 08/03/2016 10:12:48 AM

Wednesday, August 03, 2016 10:12:48 AM

Post# of 887
This is worse than I thought

So for $600,000, Eagle now has complete control of the company and control of the several million in cash? (assuming the cash the company reported really exists)

It makes the deal that Eagle arranged with the company look even worse and stranger for the existing common shares.

Why would the company give up operational control of the company for only $600K?

Why would the company allow Eagle to take control of the company when the company does not even have enough projects for the cash it claims to have on hand?

Why is the company not buying anything even though oil prices and oil rights are near a decade low?

Louis J. Desy Jr.
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