Diversified Oil and Gas Holdings (DVFI)

[digforgold196]

Hope he is right on!



Posted by: zinvestorjac
In reply to: jrdig7 who wrote msg# 26011 Date:10/29/2007 9:28:43 PM
Post #of 26014

merger theories. I have extensive knowledge of DVFI, TYEG and WWNG. DVFI and WRNW will not merge with TYEG. DVFI and WRNW will not merge with WWNG either. I do not expect WRNW and DVFI to merge either. The DVFI share distribution would work against this. DVFI has hired counsel to handle the uplisting. DVFI aquiring WRNW OK assets and leases enables DVFI to show real operations, revenue, and financials. They can now obtain MM sponsorship, file SB2 and start trading on pinks. However, Rees said OTCBB company, right? DVFI may actually start trading on the bulletin board and become fully compliant with SEC disclosure rules. The shares of DVFI may actually be worth something to WRNW, maybe not now on greys, but defintely later. DVFI owns 22% of TYEG. TYEG has big news coming on Dunwich and OK. DVFI's LOI's are not dead. These LOI's (Loiusiana and Eaxt Texas) will put an additional 20M in assets on DVFI's balance sheet with 11,000 bopm production from both sites. Add that to the 1500bopm from OK / WRNW leases. It is very possible, lenders need DVFI to be fully compliant before they sign off on the LOI's. In order to be fully compliant, they needed this deal from WRNW. WRNW is not going to dilute their stake in DVFI knowing what is coming down the pipe. DVFI is in bed with N2O and Hydroslotter to effectively rework existing wells to maximize production and revitalize abandoned wells. I think WRNW made an investment in DVFI, helped them obtain the requirements for relisting for cash and shares. They will eventually sell their DVFI investment to raise cash for their own projects but they will let the share price gather momentum first. I think WRNW shareholders are going to be very happy with the asset value of their DVFI holdings. I think DVFI shareholders are going to bceome very very rich.