NuTech Energy Resources Inc. (NERG)

[Koren]

There are 42 billion shares outstanding, thats what the TA confirmed. Sure is a lot of stock but here is how I figure this. We should be getting 9000 wells, so far, installed lets say over the next 12-24 months but hopefully sooner. When I spoke with the company they say the wells could do 100 mcf a day but thats the most they could do but the average is about 35mcf a day. So if we have 9000 wells doing $35 a day per well, the company should be generating roughly 315,000 a day in revenues once all the wells are installed. Thats over 115 MILLION in one year. What are the margins? Revenues minus tool installation and labor? Who knows. Lets say we do 75mm in earning. Put a 20 P/E on it and we have a 1.5 billion dollar market cap. todays market cap is 375million with 42B OutStanding at .0085 - I believe these 9000 wells are just the beginning of the road for this small gem and even with 42B out, I AM LONG because the upside is very large. I think they structured this to be a multi billion dollar deal and probably did this issuance before the RS. I bet RS happens once we meet all qualifications other than price to uplist. ALL of this is IMO but I sure love this deal