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Alias Born 05/30/2009

Re: Mr B post# 316

Saturday, 04/03/2010 8:49:16 AM

Saturday, April 03, 2010 8:49:16 AM

Post# of 510
Well after reading the 10K, I noticed that the major part of the loss was asset write downs and land aquisition. I was in Warren Oil, when they had their asset writedown which tanked the stock from the mid 3 dollar range down to about .4.

I think that the most important news out of the 10K was the production numbers for the last quarter of 2009. Looks like they are finally starting to get production going, which should increase quarter to quarter.

Looks like this company is moving from development stage to production.

A couple of production PRs and this stock should start to rise.