InvestorsHub Logo
Followers 0
Posts 449
Boards Moderated 0
Alias Born 03/11/2009

Re: midtieroil post# 214328

Friday, 05/14/2010 1:57:40 PM

Friday, May 14, 2010 1:57:40 PM

Post# of 361286
the way i read erhe's 8K with such small participating interests in each block, even if they hit Uncle Jed on 1 or 2 of them, erhe wouldn't get enough to go around to 700M shares.

I suspect that the gross revenues will be offset by as many expenses as Hollywood pictures have before they pay their directors a percentage of the box office.

just don't see where any revenues are coming from that would even take this to $.50 per share (700M shares outstanding is killing this stock when it has to deliver revs)