Hemi Energy Group Inc. (fka HMGP)

[bedwards1000]

I just talked to a very frustrated John Kelly about the DTC, production, leases, drilling schedule, gagged T/A and overall transparency.

They are still very actively working on the DTC issue. John claims that they have repeatedly given them, the DTC, exactly what they have asked for and it has not been enough. The DTC will then ask for the same info again which Hemi can prove that they have already provided. Repeat as necessary. He was hopeful to get an update on it early next week.

I argued that more transparency would likely make the stock price go up and John agreed but said that the gagged T/A, production numbers, and other things were Keith’s call and even though he mostly agreed that they should be released, that he could also see Keith’s point of view.

Ultimately, I didn’t get a lot of information out of the call other than the feeling that they were actively trying to get the issue corrected and their primary goal was to get the old wells back online.

I have emailed Keith to express my opinions. On the one hand I hate to bother him but on the other, I strongly feel that more transparency would help the PPS and he is the one holding his big stick. (That didn’t sound right)

Nice 100,000 buys at the ask!
Oh, and GO Hemi!!!