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Re: lofsilmo post# 6897

Thursday, 05/25/2006 11:44:01 AM

Thursday, May 25, 2006 11:44:01 AM

Post# of 46027
someone here yesterday mentioned this with regard to the 10Q and i'm fairly sure it would apply to today's financials as well.....oil in the ground isn't counted as assets by the SEC so doesn't go on these statements. That's where the valuable assets are. The company never said they have 1.25 in quarterly revenues.