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RattleDaCage

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Alias Born 03/07/2008

RattleDaCage

Re: None

Wednesday, 07/29/2009 8:07:11 PM

Wednesday, July 29, 2009 8:07:11 PM

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Posted by CuateDeuce on the Yahoo msg board 29JUL2009:

According to their 2nd oil well results, the company generated $540,000 in rev or $21 million on an annual basis. On their 1st oil well, the company generated $1.6 million in revenue, but it isn't $19.2 million per year. Whoever did the math didn't take into consideration that the company generated 1.6 million for only 21 days of production. 1st oil well should be producing $27.8 million annually and not $19.2 million. Please correct me if I'm wrong, but still long on this company
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