Diversified Oil and Gas Holdings (DVFI)

[medchal]

Ah, this is the best news stockholders have had in a long time, not because it is all certain to happen, but because, with the company under intense scrutiny, the principals had better hope the press release is accurate. God help them if it is not; nobody else will.

The bad news is, "It is a long detailed process expected to take several months to complete." It would not take several months to complete if the company had any accurate books of account at the ready and was really ready to perform all the wonders set forth in previous press releases. I mentioned TNOG earlier (another "oil" company), which issued a similar press release at the end of 2005, then promptly produced sham financial statements. Well, we can hope.

But I won't wait "several months" for the good things to start happening.

At least, when poked with a stick, the company actually responded.