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Thursday, April 07, 2016 4:56:50 PM
He did state that NERG management is attempting to get financing for operation of the 2000 wells. The estimated income for all the wells should be about $25,000,000 per year.
Also, he had no real explanation for the 42,000,000,000 shares dumped into the market. Fortunately, all but the 13,000,000,000 (Float)plus shares are all restricted shares. He also had no explanation why the stock par value was not .001 as listed in their last SEC release.
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