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Re: ProfitScout post# 23584

Thursday, 05/25/2017 12:12:12 PM

Thursday, May 25, 2017 12:12:12 PM

Post# of 25284
Is that GOOD news? Does it make ANY sense to you that they would wait until AFTER they have paid $680,000 to White Top (for which they will have to dilute with at least another 1.6B shares within the next year)? Why didn't they get an independent evaluation BEFORE? Which genius at LEXG (Alex Walsh is the only employee but they may have used a consultant but I think they would have PR'd that since they are PR'ing using this consultant) did the "non independent" valuation that led them to the decision to use 1.6B shares or more to pay for a 3% net revenue (however the contract defines that - we can't see it - we only see error-filled parts of the contract) for this legacy oil field?

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