yes, i am an expert with over 20 yrs in the energy field. I do not think this company will be around in 10 yrs, but thats my opinion. Judging by your comments, you and several others obviously have much more expertise in this field. This company has no more to offer than any other startup oil/gas company, which there are many out there. This company is exploring for sweet crude, which is not as desirable as heavy sour bc of the cost differentials. Thats why many refiners are converting their plants to process sour crude. Its been 2 months now since the latest update from the company. Whats the latest on vago? If this company is such a great deal, why wouldnt a hedge fund with millions of dollars to invest consider this company? To answer you other question, all oil is contracted for purchase. Thats not the case at the moment. Do your DD. There is over 80 million bbls of crude just sitting on tankers around the world waiting for someone to purchase. There is way too much on the market right now. Will that change? of course. But not for several yrs out, and most refiners will prefer to procure sour crude. Im sure you and your posse will poke holes in this post, but at least its the truth. I will not pump this stock. I have several issues with the major stockholder. I have the proof but i will not provide copies. History tells me everything i need to know. I know much more than i can say, but in my opinion, this copany will not make it bc of the past history of you know who.
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