Diversified Oil and Gas Holdings (DVFI)

[Imperial Whazoo]

Actually, I omitted a detail buttressing my speculation on the Frankfurt thing. About a year ago (because I was in this way back when), I had a telecon with one of the Toronto boys at the 416 phone number. In conversation, I was told that, for a large sum, I too could buy restricted shares and.... this is the key... like one of their German investors.

Now, supposing I'm a big holder of a restricted block of unregistered shares, I would have been pestering Lancaster and the boys big time to open up a place convenient to me so I could trade my shares when my restriction period passed. So, it is only logical that there is a connection between the unknown quantity of restricted shares and the opening of trading availability on the Frankfurt exchange.

I was also told that I could travel in December 2005 (which at that time was the timeframe for Grimes #3, #4, thru 20 etcetera) to slog around in the mud and watch completion underway out there. I have an oil & gas background and I would actually have liked to have gone out there to have watched. After that, everytime I called up there, I brought it up and they deftly sidestepped it. Nothing came of it. But the fact remains that early on, they let it slip that they had large German investors and that the kinds of low priced restricted shares these investors were into were available to mee too, if my pockets were deep enough.

So, despite what you argue, I still think that the Frankfurt exchange is on balance bad because it serves as a leak in the dike letting dillution occur on a lagre resevoir of restricted shares that were bought oversees in Euros or Deutchmanks in non-SEC regulated or reportable deals by well healed German.... I can only guess at what this all means when Deutchmark Dollar exchange rate differences are taken into account. After all, I have no idea what the exchange rates were at the time the Germans bought their shares, so it is purely speculation whether the present exchange rate climate will inhibit or encourage dumping of shares in Frankfurt. So, the lack of volume in Frankfurt is inconclusive. It may be due to you being right or it may be that the exchange rate dampens activity. It also could be that the restriction has yet to come off. Even so, as far as I'm concerned, it looks to me like BIGN has installed a piece of monitary condiut and trumpetted it with PR... Given the right conditions, somebody will open that spiggot and we here in the US will have a leak.

The only way it works in the US shareholder's favor is if there is a series of successful slotting news relases that bring BIGN to the attention of speculators over in Europe. So, all in all, we need successfully slotted wells or the Frankfurt thing is just more smoke-n-mirrors.

Anyway, thats what I think. My opinion, only.

ImperialWhazoo