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Re: snowcrow post# 16851

Sunday, 07/06/2008 6:52:38 PM

Sunday, July 06, 2008 6:52:38 PM

Post# of 45178
I beg to differ. He is able to realize BD potential! Simply take all the profits which he already does and puts more wells on line to pr and then skims the profits on those. Buy back a few shares every now and then and gain more control over the company and its assets. He is the bank plain and simple. He uses your money to fund his profits. This is what he does and does it well. And don't forget Mario the son who might someday inherit the family business. Remember he is a great family man according to Lou. Family comes first!! So I don't see how he will sell or step down-it's not in his long term interest. The value to him will keep growing every year and if he were to sell where could he invest his money to do better than where he's already at-"THE OIL BUSINESS"!!! False hope by the hopeful shareholders-you have been too hopeful for too long and it's time to shut this operation down or do you want to wait another couple of years??????? I do agree that he is not bankable and he is a first class crook. If he wanted to step down he would of done it by now-don't you all think?? Summit and 100 million-You have got to be kidding me. Are you all that foolish to believe this. 100 million is enough to dig up all his leases down to 5000 feet and then some. He pulled another Lanza con job and is still laughing all the way to the bank. Tell yourself why he never has mentioned net profits-only gross. It's because he does not want to publicly be accountable for those facts-it would expose too much of his operation. Hoping and dreaming is not going to make this right-only the law and jail will bring justice to this matter.