Fidelity SPDR Advertisement
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 1,731
Posts 160,756
Boards Moderated 32
Alias Born 04/12/01
160x600 placeholder
Royal Bank of Scotland says it set aside $640 million to cover potential fines for the alleged manipulation of foreign-exchange rates, as the British bank swung to a third-quarter net profit.
More Top Equities Stories Of The Day
ADR Shares End Mixed; Sanofi, Banco Bilbao Vizcaya Argentaria Shares Fall
European Markets Show Signs of Stress--2nd Update
Shire Files 8K - Other Events
Apple CEO Says He's 'Proud to Be Gay'
Stoxx 600 Flirts With Three-week High
U.S. Stocks, Bonds Dip on Fed Outlook
FTSE 100 Ends Higher After Roller-coaster Day
European Stocks Climb For Third Straight Day
janice shell Member Level  Thursday, 05/31/12 01:53:55 PM
Re: petermic post# 26354
Post # of 79224 
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.

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