Maverick Energy Group Ltd (MKGP)

[Ricosauve]

It increases the OS/unrestricted share counts , but unlike convertible debt that’s money already spent….a REG A offer allows people to buy shares at .50/shr and those $ go right to the balance sheet of the company as assets/cash …so after fully selling the ReG A, we would theoretically have $20ml in the bank to do drilling with and do acquisitions as well….our OS would increase by 40ml shares , but that trade off is very worth it right now in an oil field buyers market where we can get land/wells at a bargain and the fact that we have the rights to USR drilling’s tech and eqpt for both drilling new wells and reworking others….I think we are going to start drilling this month….they did raise some $ from George Sharp and $forw earlier this year to get the ball rolling….George must have liked what he saw or he wouldn’t have put $$ into this venture…oil keeps going up, so at some point people will be buying oil stocks again..