Diversified Oil and Gas Holdings (DVFI)

[Satori-now]

So some simple math on this :

Stated facts :

*** "Well Renewal sold nearly $2M in O&G leases to DVFI" (that is per PR : $1.9M)

*** "Simultaneously WRNW received a majority position in DVFI stock."

*** A/S of DVFI being 800,000,000

Best case scenario here seems the $1.9M was payed for with just 51% of the shares and no extra cash. Then the evaluation of per share DVFI agreed on by both by DVFI and WRNW was :

$1.9M divided by 408,000,000 (51% of A/S) = $0.0046

If cash would be payed on top of the 51% shares or if WRNW would get more then 51% of the A/S, the agreed on value would be less.

Peace.