So why am I excited about this soon and coming exploration? When I consider all the drama I’ve seen over the previous fundraising and drilling of the six holes, I wonder will it all be worth it this time. Why would anyone think it will be different this time? The last couple of holes have cost shareholders thirty + million with no sure result. Due to all these unsuccessful attempts, I don’t see the company raising this money again unless this latest endeavor finds oil and in massive quantities. Does He know this? Of course He does! If so why all the failures? This pattern of raising money and hope, causing the price to rise, and then failing to find oil thus dropping the price, was soon discovered by shorters who coming in with negative comments enabled them to keep the price low. The very first offering I sent in, $7500, and at $10 a share I received 750 shares. Today, if
I was to send in $50 at six cents a share I would get over 800 shares. Did He plan it that way so investors who believed in supporting Israel could benefit greatly themselves? Maybe the day will come so we will thank the naysayers for those of us who are loading up on shares for us and our loved ones. Let’s just hope they have enough sense to keep shares for themselves instead of loading up when the price is low and then selling when it looks like this may be our time causing the price to rise. If there are any folks out there who truly hate the company, then you may get your wish as I don’t see us ever raising another thirty million to explore somewhere else. Since I don’t hold to that position, and we have our backs to the wall, I hold to the belief that this is His will, so I envision success soon in 2024. If Kentucky Oil reads this, could you give us a possible timeline for this “fracking” method. Let’s say we have 4 dark spots to explore, are we talking days, weeks or months before we could know something and at what cost? Thanks in advance!
