Demand Brands Inc. (DMAN)

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Mr. Fischer concluded, “We have always stated that we have a 3 prong approach to revenues and producing our own leases is one of them. We anticipate that this final study will take place in February with an eye to drill the first well by the end of the second quarter, 2020. Assuming that this formation is part of the larger basin in the area, which will not be known until we finish our testing, we would expect wells to yield 100-300 barrels of oil per day. Each 100 acres, we anticipate can hold up to three total wells. We will then continue surveying the balance of the property to identify further drilling opportunities. Combined with our drilling plan for the Klein Ranch, which we previously discussed, the first half of 2020 should be an exciting time for GeoEnhanced on just this one project.”