A little math shows how HUGE this is (and I know it seems crazy):
Common stock, par value $0.001,
2,000,000,000 shares authorized,
804,280,671 shares issued
Calculated with entire authorized:
bearer bonds alone:
$3600000000 / 2000000000 shares = $1.80 cash per share
with additional 1 billion dollars in interest added:
$4600000000 / 2000000000 shares = $2.30 cash per share
Calculated with current O/S
bearer bonds alone:
$3600000000 / 804000000 shares = $4.47 cash per share
with additional 1 billion dollars in interest added:
$4600000000 / 804000000 shares = $5.72 cash per share
AND THIS EXCLUDES THE DRILLING PROJECTS PROJECTED REVENUES
"The secret of success is to make your vocation, your vacation" - Mark Twain