August is the start of the rest of our BIGN lives!!!!
We all have to remember that we are dealing with a really small company here. There are not hordes of people to put out PR's and do all the things that a larger company will do. I am really glad that the company watches each penny that is spent.
Grimes has 180 wells that were all capped. These were all producing wells, and we have the full geologics on the wells. The first well was slotted 10 feet and was a test well. The test was successful. The second well was slotted 150 feet and was the first "full" production well. We have three more wells which have probably just been finished, and will complete the first (5) well hookup into the gas lines. My guess is that we will see five wells done at a time after this. It costs 150,000 dollars for a hookup into the Natural gas pipeline system. 5 wells makes that 30,000 a well.
The hydroslotting process costs about 150,000 per well, and is much cost effective than about 750,000 to drill a well, or over 1 million dollars to drill a really deep well. We will not get a dry well, or even a really low producer as we already know what we are slotting.
We get 40% or anything WWNG does at this point. No labor needed by the company. The rumor that the current well being drilled is dry is just that - A Rumor!!!
We have been listed on the Frankfurt exchange. According to PR's, there are also efforts underway to get listed on a UK exchange.
The (3) BIGN LOI's will be done in time, and will add a whole lot of value to the company. I think that Mr. Lancaster is doing a fantastic job, and will continue to do so. I wish him the best with his health.
Most of us have "free" shares of Tyche which will be worth $$$$$ in time. This is a huge plus!!!! Not to mention we have a possible reverse merger coming up, probably with a company that is not on the pink sheets. It will take some time to accomplish, but becoming fully reporting will bring more investors.
The name change will probably require a Cusip number change, which means all shorts will have to be resolved.
There is so much more going on here such as the N2Vision and N-CO2 technologies. This company has so many rods in the fire for such a small company. The possiblities are virtually endless. As the price of energy increases, these rework technologies will become so valuable!!!
Good Luck to ALL!!!
Shermann
