Longwei Petroleum (fka LPIH)

[Drexion2004]

Glen had more conservative estimates for 2011, but something like that... He did have a "15M" number for the capital raise, although he mentioned 15M shares and this release indicates 15M cash raised...

I'm just glad to see my estimates of how much capital the company needed are pretty good. I was completely thrown for a loop in my estimate-confidence when they seemed to be announcing a 34M share-increase and 35M+ cash raise.

-Fernando