Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

Shareholder Letter out by Maston Cunningham

Gotta hand it to him, he is MUCH more literate than Lynn. He can actually write in a way that doesn't evoke outright laughter.

But, it's the same ol' same ol' for the most part. Doing what they've already said they're doing, economy is bad, reducing staff to cut burn rate, trying to raise more money, had to stop the PV program in mid-May for a while to save money ... which I read as advance CYA work as in 'hey, don't expect too much in the 2Q quarterly report' LOL.

Kept saying 'return to profitability'. How long was TIV profitable and for how long? I forget. Was it just that one time when they recorded the sale of the calcium mines, the ones we never really knew the true cost of? Was it another time? RETURN to profitability LOL, that was as good as something about having an enviable reputation for being able to raise money.

They also emailed the Flaherty pump, suggesting it's a good time to read it again. I can't make sense of this sentence, with Lynn doing the writing again I guess that 'makes sense' lol.

"Even though our situation changes fairly rapidly as we advance our projects, the content is currently relevant and, with our unusually low stock present an extraordinary buy opportunity . In case you have not seen it via other means, we attach it herewith."

Changing 'present' to presents could make it make sense. Changing it to 'unusually low stock PRICE PRESENTS' would be even better. Maston, don't let Lynn write anything else, not even a one paragraph blurb in an email.

Wow, sub $1 now, for 5 days. What's the AMEX clock for delisting?

I won't be surprised to see another 'we pumped some oil for 5 seconds and if we multiply that by 17,280 we can claim a nice daily rate' PR which might give a nice spike which could make .90 a good entry for a short term swing trade unless TIV starts piling on the PRs thus lengthening the run as well as stopping the sub-$1 AMEX process.

JMHO

jonesie