Are they moving to Michigan??
The lease on their corporate headquarters ran out as of May 31, 2006 - yesterday. It seems interesting to me that they announce a new CEO and CFO... both from Michigan. I would surmise that they plan on moving their corporate headquarters to Michigan; maybe the Michigan company owns property that would be appropriate for corporate headquarters.
I think their announcement left some holes to be answered. What will the nature of their new business be? The new company seemed to be a jack of all trades type company.
Also, why is this most recent news announcement not on their company website at www.equusresources.com?? Are they now revamping their website? Why would it not be up to date with their own news releases?
I think something is up. Does anyone have any ideas?