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Re: Geryon post# 44272

Wednesday, 08/12/2015 1:20:05 PM

Wednesday, August 12, 2015 1:20:05 PM

Post# of 97313

Who said there is no rev share?

First, WOGI said WOGI was getting a share of the revenue. Now, they've disclosed WOGI is getting "80% of net revenue interest," which sounds great!

Except WOGI failed to also disclose just HOW Benchmark was getting their investment out of this dealeo.

So, it's still a wash of NO FREAKIN USEFUL INFORMATION. Investors get to wait for the Q3 - i.e., NOVEMBER - to find out what WOGI is actually earning from the sale of the oil.