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Claypool Reservoir

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Claypool Reservoir

Re: None

Thursday, 09/30/2010 4:56:58 PM

Thursday, September 30, 2010 4:56:58 PM

Post# of 7698
The question I have is this in regard to these new filings...How is it that Merge can buy the shell for $30K if the O/S are 55million those alone at todays ask is close to $200K...does anyone know how this works? I am just trying to do the math hear and I'm not following because if Mege is able to acquire the shell for $30K then in all actuality they will then have 55million shares to sale in the open market if they desire so it would seem to me its a no brainer for anyone to acquire this shell for the $30K....what am I missing because i am sure its something?

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