((RAIN)) Rainmakers-Island

[stervc]

The Rainmaker, some SOCU DD for you...

There are some pretty powerful "unknowns" floating around with SOCU, but below is some DD that is considered what is "known" about SOCU.

The SOCU share Structure is below:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32247
Authorized Shares (AS) = 2,000,000,000 shares
Outstanding Shares (OS) = 972,529,454 shares
Restricted Shares = 890,053,260 shares
Float = 82,476,194 shares
(I think there is a slight increase of the Float taking it to approximately 85,000,000 shares. Regardless, there is a total of 758,000,000 Restricted Shares out of the 890,053,260 Restricted Shares of the OS that are held by the Chairman/CEO of the company as a control block.)



I think it is very important to understand the posts below to understand the importance of having the rights to the Standard Oil name:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58307924
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58508533




Something that I think have gone ignored by the market is the SOCU $30 million valued purchase contract:

http://www.standardoilcompanyusa.com/PressReleases/2010-08-14_SOC_WVA.pdf
Standard Oil Company USA, Inc. (OTC: SOCU) Signs Final West Virginia Purchase Contract and Releases Deal Details

STANDARD OIL COMPANY USA, INC. (PINKSHEETS: SOCU) announces it has signed the final Purchase Contract for the 18,000 acres of Natural Gas / Coal Bed Methane Properties in West Virginia.

The West Virginia Purchase Contract is structured as follows: Standard Oil Company USA will purchase 100% of the Membership Shares of Kentucky River Energy, LLC who are the West Virginia Property owners. For this, the Members of Kentucky River Energy, LLC will receive $5.5 Million plus a 2% over-ride royalty on property production revenues. Included in this purchase package will be 15 million restricted SOCU.PK shares of common stock. This will not be a new issuance as the company already holds this stock issued and thus it will not affect the companies issued and outstanding position.

The West Virginia Properties alone are expected to deliver approximately USD $30 Million in revenues annually.

The link below from the SOCU website reflects the Joint Venture (JV) that SOCU has entered into with Home Creek Energy of Smyer, Texas where there are 14 leases in total covering approximately 2,500 acres and 30 currently producing wells.
http://www.standardoilcompanyusa.com/Texas%20Development.html



Within the link below are two must see videos within the War Creek Project in War Creek and Mill Creek Districts, Breathitt County, Kentucky; particularly the second video:
http://www.standardoilcompanyusa.com/WarCreek%20Development.html
Standard Oil Company USA, Inc. announces the purchase of the War Creek Project in War Creek and Mill Creek Districts, Breathitt County, Kentucky. Recorded from War Creek Energy, LLC, this leasehold includes 400 acres plus numerous production wells (immediate revenues) with some of the wells being fully equipped with tank batteries.



And yet still, from more info below, it appears that SOCU has acquired some wells from Chesapeake Energy which trades on the NYSE under the ticker of CHK:
http://finance.yahoo.com/q?s=CHK&ql=0

The good thing to note is that these wells were already revenue producing wells that were already properly researched and are proven to have value by Chesapeake which was why they were originally acquired. This is so because of the info and comments mentioned below:

http://www.evaluateenergy.com/Universal/View.aspx?type=Story&id=90754
Standard Oil Company Usa, Inc.'s Chairman, Ronald Brooks, announced the purchase of 24 Revenue Producing Oil/Gas Leases in Latimer County, Oklahoma from AAT Investments, Inc. of Oklahoma City, OK. The 24 leases are presently operated by Chesapeake Energy. …

… Ronald Brooks is quoted as saying, "This acquisition not only marks our entrance into Oklahoma's vast oil and gas reserves but also furthers our quick approach to revenues for Standard Oil by purchasing interests in existing production. Further, this acquisition allows us to drill our own wells on these leases wherein we know we have proven reserves." …



There are some very powerful things that I believe some are hearing about SOCU that should be considered rumor until ”officially” announced, but the above research was more than enough for me to venture the risk. I think there is enough substance already existing in SOCU for investors to look forward to maturing that warrants much greater price levels even without the rumors in my opinion.

v/r
Sterling