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Re: xyz1002 post# 38980

Tuesday, 05/30/2017 10:16:21 PM

Tuesday, May 30, 2017 10:16:21 PM

Post# of 64475
And...the net income for 2016? It's actually a loss of $1,197,008. I'm just stating facts here. The roughly $550k earnings are great to see -- even if they are unrealized. That just means it is an investment that has not been sold yet. Looks to me like they are just reporting the value of the oil in the ground as unrealized income/losses every filing. They're just marking it to market as the price of oil fluctuates.

Again, I'm fine with all that.