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Re: frankie_fillet post# 12303

Monday, 08/04/2008 6:06:50 PM

Monday, August 04, 2008 6:06:50 PM

Post# of 68381
News on their website:
Update: Our efforts to get oil properties have yielded invitations to participate in a couple major properties. We are floating a partnership investment vehicle to fund these. No float of common stock will occur, this is a non-dilutive funding initiative.

The accountant for the receiver in the Sunray case tells us that the final distribution motion should be submitted to the court in the next couple weeks.