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Monday, August 11, 2025 11:42:06 PM
Cohen and Clay are both putting $750k into the CAPEX combined and this is outside of any equipment sales. Cohen is continuing with CAPEX (don't be concerned with his lack of posting, as he does not want to over exhaust his social media). That said the company is also very focused right now on working through the railroad commission compliance items, and is seeing the light at the end of the tunnel.
The company is also evaluating a number of bolt on acquisitions and is refining is well plan together with Clay and Sam (the former consultant to Apache - now Hilcorp, who led the well optimization strategies on their neighboring lease directly north).
Additionally - the company has a lot of interest from outside investors on its deep rights, both in Cochran county and in Howard County / Big Spring, and has been speaking with Saguaro on their success in the Mississippian formation in Mitchell County where they have successfully drilled 2 deep wells that are producing between 100-150 barrels per day about 12 miles directly east of the Howard County leases that Vision just acquired from Sterling Oil & Gas (Josh Watson and Cohens former operator that they owned prior to acquiring Vision).
OTCID fee was paid Friday should see uplist back to OTCID Wednesday is what was told by OTC.
Also, as mentioned before - Cohen has a number of capital commitments from outside investors and is redlining a number of them now. He rejected multiple offers that would have been overly dilutive to the company's cash flow, and has rejected several offers from private equity.
I know everybody's been disappointed with Cohen which is pretty ridiculous considering he's still reported $3.7M in revenue in the first year of operations, however you've got to step back and hand it to the guy - he hasn't taken an outside dollar of capital to date, he's navigated the tariffs, and he's positioned our company for success. Once he closes his private placement round here hopefully any week now, he will begin the audit with a target completion date of December 2025 (potentially sooner).
He will be filing a supplemental disclosure this week regarding the cancellation of the Button merger for now, as he is committed to growing Visions production, acreage and well positions within the Permian, and being a nonop capital partner to Mountain V Oil & Gas through participation into the capex on acquisitions that they are working on together as well.
Lastly, once Cohen finalizes his private placement ge will be resuming the share treasury share buyback with a target stock price of $0.50.
Big news coming shortly, stay tuned.
The company is also evaluating a number of bolt on acquisitions and is refining is well plan together with Clay and Sam (the former consultant to Apache - now Hilcorp, who led the well optimization strategies on their neighboring lease directly north).
Additionally - the company has a lot of interest from outside investors on its deep rights, both in Cochran county and in Howard County / Big Spring, and has been speaking with Saguaro on their success in the Mississippian formation in Mitchell County where they have successfully drilled 2 deep wells that are producing between 100-150 barrels per day about 12 miles directly east of the Howard County leases that Vision just acquired from Sterling Oil & Gas (Josh Watson and Cohens former operator that they owned prior to acquiring Vision).
OTCID fee was paid Friday should see uplist back to OTCID Wednesday is what was told by OTC.
Also, as mentioned before - Cohen has a number of capital commitments from outside investors and is redlining a number of them now. He rejected multiple offers that would have been overly dilutive to the company's cash flow, and has rejected several offers from private equity.
I know everybody's been disappointed with Cohen which is pretty ridiculous considering he's still reported $3.7M in revenue in the first year of operations, however you've got to step back and hand it to the guy - he hasn't taken an outside dollar of capital to date, he's navigated the tariffs, and he's positioned our company for success. Once he closes his private placement round here hopefully any week now, he will begin the audit with a target completion date of December 2025 (potentially sooner).
He will be filing a supplemental disclosure this week regarding the cancellation of the Button merger for now, as he is committed to growing Visions production, acreage and well positions within the Permian, and being a nonop capital partner to Mountain V Oil & Gas through participation into the capex on acquisitions that they are working on together as well.
Lastly, once Cohen finalizes his private placement ge will be resuming the share treasury share buyback with a target stock price of $0.50.
Big news coming shortly, stay tuned.
Bullish
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