They OWN NOTHING!! They have a 1/4 % "working interest". They have ZERO ASSETS ON THEIR BOOKS
Overview
Prior to April 2012, we were a reseller of technology-related hardware and software, including laptops, desktops, networking devices, telecommunication systems and networks, servers and software. In April 2012, in connection with the acquisition of two separate one-fourth (1/4) working interests in certain oil and gas leases located in Yazoo County, Mississippi, our principal business became the exploration, development, and production of oil and gas interests.
Results of Operations
Following is our discussion of the relevant items affecting results of operations for the three and nine month periods ended September 30, 2018 and 2017.
Revenues. The Company generated net revenues of $-0- for the three and nine month periods ended September 30, 2018 and 2017.