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Re: mnytrp post# 9963

Sunday, 04/29/2007 5:21:32 PM

Sunday, April 29, 2007 5:21:32 PM

Post# of 132365
Nobody knows the answer to that except the company. I was told in an email from the company that we will be getting a shareholder update very soon that will detail the share structure as well as the direction Mr. Rees is intending to take us. Regarding the exact day and times they intend to do the things so many are speculating about on the board, many of you are working yourselves into a lather about situations we don't yet know. All of this talk is obviously the banter of those glued to the tic by tic share price. With a small start up O&G like this you must concentrate on the things that make this speculative play so attractive. Domestic O&G is undergoing a resurgence due to a combination of factors such as the rising cost of oil, advanced technology and advanced methods for drilling new wells as well as reworking old wells that were capped in the past. As a result of this resurgence, small domestic O&G is encountering backlogs in equipment and services. It is wise to note that fully 90% of domestically produced oil and gas come from small operators NOT major oil companies. Well Renewal is positioning itself at the beginning of this resurgence not only with an attractive portfolio of leases including new and existing well sites, but with a sizable footprint in the O&G services industry. WRNW and it's associated service companies own their own drilling rigs and service equipment and employ a large number of people who operate that equipment. No mater who finds the oil and gas, they all need these services. Mr. Rees has been with WRNW for less than two months. I say we give the man time to get things going in the direction he wants. In fact with TEAM he is already doing that. It is borderline silly to fret over the next PR or whether or when new shares are issued and so forth. This stock will be nothing short of amazing if WRNW plays it's cards right. I think the least we can do is have a little patience and let Mr. Rees and WRNW give their best effort toward doing what really counts. We know about the scarcity of current info with pink stocks before we buy them. It is not reasonable after buying a pink to expect immediate transparency that was simply never there to begin with. The biggest things we have working in our favor are Mr. Rees and a company with real hard assets trying to expand itself in this rapidly growing domestic O&G sector. The bigger footprint he can stamp out now, the bigger returns we see later.

jc