Diversified Oil and Gas Holdings (DVFI)

[Fishing at Surfside]

I posted all the PR dates and titles from BIGN, TYCHE, WWGN, Well Renewell and Royal Petro into a spreadsheet last week and just added Stonebridge.

IMHO this is what it looks like ...

Somebody with money (RYLP) tried to start a number of companies but they weren't very successful (or not the experience needed for O&G in the US) . BIGN and SBRX were two of them. They replaced existing management with new managers (James Lancaster from Tyler TX and Phillip Christian from Houston TX) both in the spring of 2006.

After getting the new management on board they began to aquire properties, it looks like Stonebridge's aquisitions all came from a company called Christian Operating Company, but not all at one time.

BIGN headquarters moved from Toronto to Tyler Texas where Lancaster lives, Stonebridge headquarters moved from Toronto to Houston Texas where Phillip Christian lives, while Tyche headquarters moved from Toronto to Dallas Texas. As far as I know Tyche's American management team hasn't been announced yet, maybe the ET LOI company is in Dallas and they will assume the role of the US Tyche management team. We already know the CEO will be on the BOD for BIGN for 2 years.

IMO it sounds like a company that had management problems, hired new managers and is now trying to grow.

I don't know why they won't put out more PRs, but I'm not convinced it's a scam. I think it may just be a paranoid and inexperienced BOD.