Soligen Technologies (SGTN)

[Wishful Thinking]

"1st Year Expectations" 57 low producing wells is approximately 57 x $100,000 = $5,700,000 and will take 4 months after acquisition. After the 4 months, all 57 low productivity and closed wells will be treated by EOR/Recompletion methods and the total productivity in the fifth month should reach approximately 1,425 barrels per day. As we increase our oil and gas production and develop our existing properties, we expect that our unit cost structure will benefit from economies of scale. In particular, we anticipate reducing unit costs by greater utilization of our existing infrastructure over a larger number of wells. By the end of the first year Soligen Technologies, Inc. intends to expand its operations to additional countries in South America. - https://backend.otcmarkets.com/otcapi/company/sec-filings/12843545/content/html