SureTrader
Home > Boards > Free Zone > Penny Fundamentals > DD Support Board and Fraud Research Team

Here's the value of the assets Vern Wilson

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
janice shell Member Profile
Member Level 
Followed By 1,929
Posts 179,754
Boards Moderated 36
Alias Born 04/12/01
160x600 placeholder
U.S. Stocks End Flat After Seesaw Session Amid Oil Slide
Bank stocks crumble and tech rally loses steam U.S. stocks finished Tuesday's volatile session little changed as a rally in materials...
Top Equities Stories Of The Day
Sumner Redstone Cut Former Companion From Will, Depriving Her of $70 Million
CFPB Presses Banks, Credit Unions to Offer 'Small-Dollar Loans'
Star Wars' Is the Force Behind Strong Hasbro Sales -- Update
Charter Communications Loss Widens on Merger Costs
Merck Posts Lower Revenue and Profit -- 2nd Update
Coke Results Top Expectations on Volume, Pricing Growth--Update
Ex-J.P. Morgan Executive Fined $1 Million Over London Whale Trades -- Update
Redbox Movie Rentals Plunge 24%
janice shell Member Level  Thursday, 05/31/12 01:53:55 PM
Re: petermic post# 26354
Post # of 103504 
Here's the value of the assets Vern Wilson presumably brought to the company when he was named CEO:

Effective August 1, 2007, ReoStar purchased substantially all of the assets of Vern Wilson Energy, Inc. The assets consisted of 4 oil and gas leases located in Texas and Louisiana, a service rig, and an operating shop to assist in maintenance of field equipment. Consideration for the purchase consisted of $159,000 cash and 240,000 shares of ReoStar stock with a market value of $298,800 for a total purchase price of $457,800.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6698361

See also:

http://start.cortera.com/company/research/k5r0kwm4p/vern-wilson-energy-inc/

Of course it's possible that Wilson's company acquired additional assets after the sale to ReoStar.

SureTrader
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist