InvestorsHub Logo
Followers 7
Posts 7770
Boards Moderated 1
Alias Born 03/05/2014

Re: jd19 post# 1440

Tuesday, 09/20/2016 2:24:51 PM

Tuesday, September 20, 2016 2:24:51 PM

Post# of 2131
How is this not good for us shareholders?

JD19, if LPI would not have stepped in inviting us (LIEG) into the NewCo JV then this company would probably have been out of money by the end of the year and foundering just to keep the lights on in a temporary virtual office somewhere. Now there is $2Mil invested in the project and and test drilling is moving ahead nicely, the lights are on and company updates will probably start flowing regularly once more to us shortly proving we are alive again. And besides, I am willing to bet WML was probably clandestinely fixing to gerrymander that old deal to put us either upside down or at best have us just treading water in place.

The Doctor

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.