DXI Capital Corp. (DXIEF)

[Harold33272]

SOUTHPEN, interesting take on the potential stock price. And I know you're not making a forecast or a projection. You're merely saying the potential is there for a $2 stock price.

For that to happen in my humble opinion:

1. A successful mancos at South Kokopelli

2. A successful mancos at North Kokopelli

3. A successful mancos at Roan Creek

4. DEJ does not engage a partner for Roan Creek drilling, but instead goes in alone to ensure the company retains a 100% working interest.

5. The company issues no additional equity offerings or no additional dilution events occur, ensuring the current shares outstanding remains status quo.

6. Following a successful mancos at South Kokopelli, North Kokopelli and Roan Creek (with 100% working interest, of course), the company then opts to deal all of its interest in South and North Kokopelli and Roan Creek and does so obviously at a premium, given the predictable, low-risk, high reward profile of these NG/NGL-producing assets with 20-25 year lifespans.

I assume these were the events you factored into the potential $2.00 per share scenario?

A belated Happy New Year, btw. Hope all is well.