Monday, March 03, 2008 3:03:39 PM
VYEY is trading at 20 Cents per share today, while GFCI remains a sub-Penny seldom trader! Amazing what apparent, Smoke and Mirrors, can do to market an alleged equity like VYEY?
BBB & I had discussed that VYEY was probably getting 6% to 8% total from their TINY stake in the GFCI/FTXN run Adams Baggett Ranch Gas Field. Looks like that was near accurate, when Fullenkamp touts "a 15% of 75% total of Net Revenue." Whatever that's suppose to mean? I'm not a Math Major, but a TOTAL is 100%, and NOT 75% of that Total.
Like I said, VYEY gets 6% to 8% of total revenue, while JD and our investments realize the remainder of revenue! Don't lose site of that fact that the Drilling Contractor, is Precision Drilling, another element of GFCI!
HELLO PEOPLE! What's wrong with this picture?
Will someone please carry this information over to RB Board, as I cannot. Thank You.
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