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Re: AOuvier post# 172

Monday, 04/14/2014 1:45:06 PM

Monday, April 14, 2014 1:45:06 PM

Post# of 345
Post #162 eludes to the company having $1-$5 million in revenue. Yet when we look at the financials (dated as they may be), it shows that total revenues since inception (2002 - 2009) were a meager $25,419: http://www.otcmarkets.com/financialReportViewer?symbol=CTXE&id=29817 - that zoominfo website is simply wrong.


Post #164: "....Bill Kerrigan said the geological, engineering, and operational synergies that both companies will achieve together provides the critical mass needed to successfully compete in acquiring and developing additional oil and gas reserves...." - HUH?? CTXE has no geological, engineering or operational expertise. Certainly the $39 in the bank from 2009 has not accrued enough interest income to support anything getting up to "critical mass"!

Post #166 - relying on the share structure statements from 2009 as being "current" is probably not a good idea.