One big problem with all of that. Why would anyone want to pay one penny for CADD if Joe Lanza owns the leases claimed by CADD? Assuming the leases had any great value, isn't the "European Investment Group" talking to the wrong party? lol
Seems to me they should be talking to Joe Lanza instead of Mario Lanza since CADD doesn't own the leases and worse yet, he is about to lose them in court to Adam Barnett and his OMDA/OMOG/AAOG. lol
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.
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution