"Please provide a quotation from the last news that shows a big mistake for the Crow's Run project." That's easy, if by "last news" you are talking about the paperwork filed in connection with the merger and the underlying information to which it refers. That "news" included financial information.
The "assets" of Aeon included:
Oil and Gas Property (Note 5) 1,565,000
(The total assets were $1,797,041, and Aeon held no significant property other than, supposedly, the Crows Run lease.)
Here's note 5 to the financial statement (with a little added emphasis and [comment], all factual):
5. Oil and Gas Property
Oil and gas properties consist of unproven oil and gas rights from mineral leases and rights. There is no termination date on the leases as long as there is production [there has been none]. The Company issued 9,000,000 common shares with a[n unsubstantiated] fair value of $1,620,000 to acquire the oil and gas leases and associated equipment. Refer to Note 2.
So here's Note 2:
2. Purchase of Oil and Gas Interest
On February 10, 2009, the Company purchased the interest of Green Star Energies, Inc., in 13 leases of oil and gas properties located Beaver County, Pennsylvania.
In consideration for the purchase from Green Star, the Company was required to issue and deliver to Green Star: (1) 9,000,000 restricted shares of the Company's common stock; (2) warrants to purchase 2,000,000 shares of the Company's stock at a price of $0.10 per share, exercisable until February 10, 2011; (3) warrants to purchases 4,000,000 shares of the Company's common stock at a price of $0.15 per shares, exercisable until February 10, 2011; (4) warrants to purchases 1,000,000 shares of the Company's common stock at a price of $0.20 per share, exercisable until February 10, 2011. Additional consideration for the purchase of the joint venture interest required the Company to (i) enter into a management agreement with Green Star dated February 10, 2009; (ii) execute promissory notes covering $180,975 of the Company's outstanding debt obligations; (iii) enter into an asset purchase agreement with Harold Schaffrick and Mark Neild dated February 10, 2009 to sell the Company's wholly owned subsidiary, Novori Jewelry, Inc., to Mr. Schaffrick and Mr. Neild; (iv) enter into an assignment and debt assumption agreement with Novori Jewelry, Inc., dated February 10, 2009, to transfer certain of the Company's assets to Novori Jewelry, Inc. The sale included the Company's wholly owned Canadian subsidiary, Novori Marketing, Inc., and all of its respective assets in exchange for cancellation of all preferred shares of Company (950,000 post-split) held by Harold Schaffrick and Mark Neild; and (v) issue and deliver 700,000 restricted shares of the Company's common stock as consideration for arranging and negotiating the transactions contemplated by the Purchase Agreement.
Notice the delicious circularity here?
"... this would be a good time to admit it is you who are posting false info ...." Are you joking?
