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littlejohn

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littlejohn

Re: Bobwins post# 166

Friday, 03/10/2023 1:34:34 PM

Friday, March 10, 2023 1:34:34 PM

Post# of 207
REI 10K showed that they finished paying

the 15 million owed to Stronghold

and the other 8 million, or so, held

in escrow was also paid per terms

in February, 2023...

So that lowered overall debt more...

Which makes me wonder why the

controlling shareholders would have

been selling out shares...

Stronghold should have made a deal

with a higher oily percentage company,

REI, to get better valuation on their

assets on a longer term basis...

Alas, the 10K filing has no description

on the Ownership positions to sway

either argument on the subject...

Which I find surprising...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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