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Alias Born 05/26/2010

Re: None

Saturday, 09/11/2010 2:02:05 PM

Saturday, September 11, 2010 2:02:05 PM

Post# of 14845
The next topic that needs addressing is the SLB contract. Where do they stand in selling the division? Does the contract have a deadline that allows ERF to go and sell directly to the North American vendors at regular retail pricing? They made that announcement that said ERF could do some of its own marketing but when can ERF cut SLB out of the loop. If SLB doesn't sell soon, will they keep the division in-house, which means they would likely put some money into building out the networks which in turn would start generating revenues for ERF?

Someone needs to make an announcement soon and shed some light on the subject.

Friday's dip doesn't worry me if the PPS returns to 5 cents on Monday's open. Last Friday it traded at 5.7 on low volume that didn't last long either.

Revenues, revenues, revenues... nothing more and nothing less is going to move this PPS north. If CFP is coming in Q4 there has to be more revenues coming... either from existing contracts or new ones.

Let's hear it front office.

C'est la guerre.

A1