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Re: NetworkNewsWire post# 69

Wednesday, 04/12/2017 4:57:16 PM

Wednesday, April 12, 2017 4:57:16 PM

Post# of 864
Good read... but read it again very carefully.

The "petroleum production brine" is a toxic byproduct of fracking. And it is a very big environmental problem. The oil frackers have to pay good money to have it hauled away and treated. My nephew hauls this stuff for a living in the Bakken Shale.

I have no doubt that MGX could get this toxic material in abundance and for free, or maybe even get paid to haul it away.

Despite what they say, I can't imagine any possible or good reason why MGX would pay valuable capitol (from the sale of shares) to buy oil and gas leases.

It seems that their actions suggest (they think) that there isn't enough brine above ground to meet they processing needs. So they have to jump into the oil and gas business to secure the supply of this toxic waste.

This is absolutely the stupidest move they could make. As far as I am concerned this stock has just transitioned into an outright scam. I am going to exit asap.

This is now an Oil & Gas company. The proof is they own O&G leases.

Just my opinion... Good Luck.