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Re: 30sgrasshopper post# 7235

Tuesday, 06/13/2006 8:26:19 AM

Tuesday, June 13, 2006 8:26:19 AM

Post# of 35788
Relax everyone - BIGN is worth about .27 per share with the first LOI - Stocks always go towards their fair value - We are currently profitable with two more Grimes wells coming online soon.

In My Mind, This idea of dilution is only possible if connected to settling the LOI which would be reserved shares. That does not make sense to me as a working interest is all they really need to give. Remember, this property has minimum value to the current owner, but BIGN has the knowledge to make it worth a lot more.

DONT GET SCARED OUT OF YOUR SHARES!!! This stock will run again by the end of the month.

Shermann