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Re: APJ post# 15837

Friday, 01/23/2015 3:33:20 PM

Friday, January 23, 2015 3:33:20 PM

Post# of 57170

Working capital is going to be a real problem soon. I wonder if they are running out of our money?


As per the recent 10Q lodged, the company has enough funds till September 2015. This does not include any potential new leases or CONTRACTS the company might sign with TransCanada, Kinder Morgan, Newfield, Haven or any other oil company there are dealing with.

At September 30, 2014, the Company had cash on hand in the amount of $2,641,734. Management expects that the current funds on hand will be sufficient to continue operations through September 2015.


SMILE THE AOT DOES WORK. The AOT PASSED the T/C pilot program as verified by the independent 3rd party company ATS Rheo Systems.



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