Demand Brands Inc. (DMAN)

[T-Sizzzle]

The Klein Ranch leasehold has been quantified. 436,000 barrels and 280,000 in reserve.

The Hagelstein Ranch leasehold is not as far along in development, they do not currently have an estimate that they're comfortable to report. They are still surveying this property. The intention is to start drilling the Hagelstein location by the end of Q2, so we should be hearing reserve numbers soon.

They are also actively pursuing additional leases.

Here is how I see the numbers breaking down - today. WTI is currently selling at about $59. Lifting costs in this region average around $25/barrel. That leaves $34/barrel. Multiply this by the known reserves of 716,000 barrels and you've got $24,344,000 of potential profit. Divide that by the 431,000,000 outstanding shares and you get $0.056/share.

Once other properties are developed you can add to these figures, but for now, we shouldn't be expecting them to produce oil on every acre of land they lease. That's not practical.

I see this as a self-financing operation (read that as non-dilutive) by pulling oil out of the ground to facilitate selling the tech in order to get royalties flowing and acquire additional leases. Lather, rinse, repeat.

I love all the speculation! But, if you want to see some big PPS numbers, we need REVENUE!