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Re: TheShadow post# 20413

Tuesday, 05/13/2014 11:13:26 AM

Tuesday, May 13, 2014 11:13:26 AM

Post# of 30644
The facts are there. If you look at the OK and TX well data on the RR site then Floyds name is on the paperwork dating back to 2008 and 2009. Tells me he has been involved in these wells for a while with NO real production. In fact, there was more oil revenue this time last year then there is now, considerably so and that was just after they got $5M in there first financing which did not get used to improve oil production as far as I can tell. Revenue from sale of product is dismal right now, as seen in the last 10Q. Oil production is down, as indicated in all the 10Q reports if you compare them from last year to now.

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