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Re: None

Wednesday, 04/04/2007 7:13:11 AM

Wednesday, April 04, 2007 7:13:11 AM

Post# of 45174
Look at one of the companies involved in talks with BDGR, Lucas Energy. Revenue is $1 million at present, $2 million in debt, 29 million shares outstanding. They know how to run a company because they do have a profit. Stock price is $2.65. They are interested in BDGR for the assets and nothing else. Even at the god awful Jan/Feb numbers, BDGR was producing more than LUCE and March will make that a larger discrepancy. They have been acquiring assets with stock. What do you think BDGR is worth based on LUCE's value. My number is much higher than .1650.