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Re: None

Monday, 11/16/2009 12:58:53 PM

Monday, November 16, 2009 12:58:53 PM

Post# of 9201
Its pretty clear that the late financials created a small selloff. With the new cpa being just retained it is to be expected. That was a good descision. Having a CPA firm dedicated to oil business can mean large differences in guidance and overall performance. Just like in the building industry if I were to say hire a CPA not in my field it could cost my company thousands in missed deductions, wrong deductions, wrong depreciation rates, even wrong advice, etc. I learned that the hard way. The CPA is a very important factor in the succes of a company large or small. Looking for substaintial improvement from here.

As far as this being long term. I do not think it will take much longer to move over the $1 range. Producing wells are a very good thing. With more workerovers in progress. I found this company doing DD and took a position before I even new PSC was involved. I know what I know and I'll be here and enjoy the buying ops.
JMO!
GLTYA!