Hero Technologies Inc (HENC)

[Smooth]

This does not "screw" TGC...it simply forces HENC to contribute roughly 50% of the drilling costs...which is exactly what TGC wanted to happen.

Although as a greedy TGC (and HENC)shareholder, I want to earn the most I can from my investments here. I had hoped that TGC would have wound up owning about 30% of the 2 PELs, but to mgmt there did not want to fund all the drilling risk. If by chance the next 2 or wells are dry holes, then TGC only funded 15-20% of the cost.

Ultimately, if this is a successful venture and we find as much oil as we think is there, everyone will do exceptionally well...although HENC shareholders will do the best...I think.

Let's just hope we move forward soon. I'm not so certain that HENC wouldn't be ok with TGC being the operator despite their belief that HENC itself can be the operator. I really don't care who is the operator...I just want one who ACTUALLY DRILLS...and doesn't just talk.

I could be wrong, but I think there are going to be a few murky legal issue here that might encourage all parties to finally move forward together SOON. We'll see.