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Friday, 07/06/2007 2:52:58 PM

Friday, July 06, 2007 2:52:58 PM

Post# of 51429
Ok, so today's posts are all very interesting, but it looks like some are wandering away from what is readily available from pr's and other reported conversations and e-mails with HMGP and Wilshire. Time to review what IMHO are some of the basics we should be able to agree on: 1)HMGP will not obtain financing by diluting the stock. 2)HMGP has suffient revenue to fund current operations. 3)The deal with Wilshire will feature financing that will be paid off by a % of production, which to me sounds much better than selling off working interest. 4)Due to weather factors both during last winter, and now early summer, plans have had to change and there have been some impacts from flooding on some Woodson County leases. 5)It was stated that Wilshire may choose to purchase HMGP shares on the open market, not from the company. 6)It has been stated over and over that HMGP insiders are not selling. 7) Anything I've missed is readily available from compilations and DD. We've even have folks on the ground and in the air checking this out! GLTA
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