InvestorsHub Logo
Followers 0
Posts 803
Boards Moderated 0
Alias Born 12/08/2005

Re: futrcash post# 15318

Friday, 09/08/2006 8:16:02 PM

Friday, September 08, 2006 8:16:02 PM

Post# of 35788
furtcash - still don't think it's going to be " Tyche Energy " ? What are your thoughts about Tyche moving HQ to Dallas ? Very strange move, but not strange when you find BIGN and the East Texas LOI company within a 90 minute drive. Your tight with Bonhomme and Rowe, what have you heard ? I hate when IR downplays the deal saying it could fall apart when last week I was told it's a done deal would have closed if this new development did not happen. How can this new development cause the deal not to close now ? It's only additional land and leases. Why can't the company just come out and say it's a done deal details TBA instead of we are working to close the funding source. I'm hearing the funding source is Tyche, they are putting up the shares and getting the money. I just hope we don't get some kind of share swap BIGN for Tyche shares in this deal, but that could happen to give the lender the majority of the shares. They will immediatedly be sold as usual to cover the risk of the investment, however I was told this was not going to happen either. It's all debt-based financing secured by real assets. We shall see soon enough or not soon enough. The waiting really stinks, I just wish we could get a timeframe. Something tells me Lancaster wants it to close before the end of September so he can get this revenue on the financials for 2006 4th Q so the annual report looks impressive for newbies.