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Re: MichaelMir post# 31014

Thursday, 12/13/2018 12:04:05 PM

Thursday, December 13, 2018 12:04:05 PM

Post# of 32583
We can not be sure of that. Actually we can not be sure of anything. But I can not think of another reason for the creditors to admit shares as payment without guaranteed exploitation rights backing the shares. It is also true that Brazil sold all the new oil exploitation rights in its waters of the Atlantic Ocean (in the Presal) at the end of 2017 and the first months of 2018. In ultra deep waters. Purchasing companies must deliver to Brazil more than 40% of the oil obtained excluding operating costs. So if UVSE still has rights in the Gulf of Mexico ..... I think we will not spend much more time until we find out. Otherwise ... we will always have an inverse merger. But the more time passes without fusion ... the more I trust the oil. You do not think the same?.