Hemi Energy Group Inc. (fka HMGP)

[1581]

I would believe that the change in strategy is based on the low share price. The pps is artificially low so a change in direction was called for. With Wilshire entering the picture, they may be buying the large T blocks as part of an agreement with hemi. The lack of production numbers would tend to keep the price low which allows them to purchase cheaper. This way they get a good stake in hemi and there is no dilution. It is a good way to trap the MMs too. Or, the leases appeared to be more valuable than anticipated so the decision was made to try to tie them up first. Putting out big numbers would create a bidding war. We know there is good production because the huge amount of land being leased is being done mostly with cash. Of course this is all speculation on my part but it does account for many occurences that are happening.