Maybe this will answer a lot of the bashers questions on this board. This deal is for real because we know the people involved and why they want this company.
No offense to all of you but if you had the "real" capabilities to do in depth research on what the Lanza's really have in oil and gas leases you would understand why an outside company has an interest in Caddo versus Black Dragon. Caddo's share structure has a lot to do with their decision for future financing purposes. We have heard of the group that wants Caddo and believe it or not they have already been buying for quite some time but there is a certain percentage where you finally have to legally announce your intentions. Then an offer has to be made legally. If it is a private company you do not need to disclose who you are and trust me, even the biggest corporations in the world do not want their name known before the fact is consummated. That is to avoid the use of their name in a promotion just for promotion's sake.
So if you want to trade just for a few "beer" dollars go ahead. Who do you think is buying your stock and is going to cut the cost of the final buyout? Excuse me for saying this, I do not mean to denigrate anyone because I sincerely believe in the good in every human being, but daytraders are the biggest fools that ever entered the markets. The markets are for professionals who know what they are doing and you are only trying to emulate what they are really doing, but you don't understand why they are doing what they are doing. You will never get it until you have learned the ropes from a real professional. You will only ever make "beer" money. Good luck to you if that is all you want.
Joseph Lanza has access to a lot of oil and gas leases and the group that is after Caddo in the buyout have ways of finding information you will never have, unless you have millions to spend and you have the right contacts to get this information. He has private companies that have access to these leases and that is what this group is after. They are what they are after. Read the press release carefully.
We have already heard of this group and they are already very deeply invested in the oil and gas industry and they hold major interests around the world, especially Eastern Europe and in the U.S. as well, I might add in the UAE. If you were the controlling interest in a number of major oil and gas interests would you want your name being used as a promotion? Answer. No and definitely no! Especially if you are very high profile individuals.
Joseph and Mario Lanza only want to make money on their oil and gas leases and here is an opportunity that finally came up for them and it means they keep an interest in the new merged company and gain future retirement income on a big scale. They do not have the expertise or the caliber required to complete with this and Joseph Lanza' health is not the best anymore. Who will take over? His son who doesn't know the suitcase in front of him has a milllio dollars in it even if he sees it.
Remember the 1 share for every five shares of Caddo as of a certain record date which has not yet been announced.
Grow up people, this is more real than you even ever dreamed about.
Goodbye Earthlings, I am flying back to Zircon!
AI
