Claren Energy Corp (CNENF)

[Tridentone]

Interesting thoughts, and as usual totally biased. Henc does not have the seismic because they did not pay for it and it is going to be VERY interesting indeed to Henc shareholders and Holloman Corp when it is revealed who put the two sellers together with Perseville. Fact is Tgc is fully cashed up to pay for its share of 5-6 wells. Henc however will have to raise two million in the next two months to fund its share of JUST THE FIRST well, according to Tgc Info circular. If Henc does not pay, it loses the right to the structure being drilled. Tgc earns the right to the whole concession. That is the REAL reason behind the desperate attempt to take control of Tgc's cash position, to demolish Tgc in favour of Henc. And if anybody believes that Holloman is going to put up money for Henc, look no further than the other deals that Holloman is involved in. The decision to cancel the farm-in with Henc was the BEST decision the present management ever took, to safeguard its shareholders.