I live in Kilgore Texas and have some personal acquaintance with Progas, CM and Sam's Oil Country. Not much to look at but it is real easy to make money in the field around here. Also, I have had personal dealings with David Bolton and he is a stand up guy.
I have watched you guys labor over this company for over a year trying to predict the future. The fact is this is a gamble as much as throwing dice on a table. If this is money you can't afford to lose or be without, this is not the kind of deal you should be in.
My personal position is that I'm OK with another year while I move to a long term capital gain. (2M at .017) You don't get good management with bad (or fake) deals. At least a couple of PBLS companies have excellent leadership: Best Jets, ProGas, CM, etc. Oh yeah, what the h@#$ is Gagged TA?