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Re: kelseyf post# 30371

Wednesday, 02/13/2008 7:58:17 AM

Wednesday, February 13, 2008 7:58:17 AM

Post# of 51429
I agree with everything you posted Kelsey. That is one possibility. There are others. This fits with Keith's long term plan he stated. It may not happen yet that is all.

There is something happening that sort of argues against any immediate buyout. The fact that Keith bought the property in Piqua, Kansas for the purpose of creating another subsidiary to grow Hemi Energy Group, goes against the idea of a quick buyout. I think it is smart to be working on multiple tracks as far as increasing the value of hemi for a possible buyout.

We just do not know when, other than by 2010 a buyout will occur, if then.

The proving up of reserves is good. As an investor I would like to know some numbers. I am sure there are people on the sidelines waiting for some hard numbers before they consider purchasing shares of hemi.
Keith's need to keep investors either in the dark or chewing over very general information like the Fort Worth lease(s) is what is contributing to the low share price. He feels it is a strategic decision that he must do and the shareholders are left with hope and low priced shares and no new investors enter to help raise the share price.
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