Hemi Energy Group Inc. (fka HMGP)

[sneaky2]

FROM THE CEO OF Hemi:





Economic conditions in both the stock market and the oil and gas industry remain tough and uncertain as we go forward into 2009. We are faced with volatility and unpredictability in the markets that make projecting and budgeting for many of our future undertakings extremely difficult, especially in the area of projecting time frames for the return of capital expenses. Hemi remains debt-free; the management team has been aggressively working to reduce expenses, conserve capital, while considering offers from third party entities interested in purchasing other non-core assets that are either underutilized or non-performing/producing. These steps have insured that Hemi has weathered the current economic storm thus far and will be able to do so in the future.



When Keith is ready he will let us all know, until then sit back and relax.