TULSA, Okla., May 31, 2007 (PRIME NEWSWIRE) -- Well Renewal, Inc. (Other OTC:WRNW.PK - News) an emergent, rapidly growing diversified oil and gas regional operator, specializing in oil and gas exploration, enhanced recovery methods of abandoned and low-production oil properties, oil field services, is pleased to announce that all aspects of its previously announced acquisition of Cementers Well Service, Inc., a privately held Colorado company specializing in cementing services for oil, gas and water wells has accepted a $7MM investment banking funding proposal for the ``Cementers' acquisition financing from the Irvine, CA-based Investment Banking firm of Hunter Wise.
What ever happened, so they accepted proposal of $7MM from Irvine CA Hunter Wise. Did the lawsuits hold them back?
I hope they close this deal soon...
Im still holding, but i wish they could not be soo secret of what is actually is going on...
Yotty is a Chump but he tells us wait for a X-Mas present, is he referencing to the Div 16:1 or to maybe finally closing the Deal?
Rees is a respectable man that has a background of turning things to the best or at least giving it all.
They Raised the AS, is this good or bad?
Could be:
Good- There going to close the deal. Cem or Team....
Bad- Not sure, but most likely they will use up there last bit of Yotty Scam Jedi tricks to dilute this to the ground..
From what ive heard about Yotty and Rees
Yotty- Is BS, but maybe thats the person he is and there might be some truth in weird investor replys.
Most of the time sounding Like he is a spoiled 14yrs Old Child, and its not are business to know.
_ Now he might be being a d#@k, because he is afraid of another lawsuit and it is in his best intrest to say nothing and in hopes that these deals can be finally closed...
Reese- GREAT REP!!!! and knows what he is doing and is in control...
I Doubt That Reese is out to screw us so, its up to everyone what
they want to do.
Its not worth much to me now to leave, yet i dont feel worried about my investment.
This is going to change real soon....
V/R
Davis
