Greene Concepts Inc (INKW)

[maubry]

Thank you for reminding us of the PR from a month ago.
Still confident that this will be a sound investment but
it will take some time in my opinion:

-Due to the excellent due dilligence we know as a "fact"
that FPPL has acquired leases in CO, NM, WY in areas that
has shown that resources are underneath the ground.

-Based on the PR, FPPL implies that they are now looking
to form a team(engineers, workers etc). I must assume that
during the past 30 days they have been hiring their corporate
operations staff and their front line staff. This may take a
while....

-I'm curious when a company announces the purchase of leases,
how much later do the company announce that drilling has begun.

-For now FPPL has valuable leases so the day to day price activity is not a concern.

-In the upcoming 3-month period we are looking at 2 potential events that will light the fuse on the value of FPPL:

1)Oil breaks through the $80 barrier.
2)FPPL announces that drilling has commenced.

Regardless, FPPL has the leases and whether they partner with one of the BIG BOYS or drills on their own capital it still has value.