Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

Which is it?

"Reduced G&A costs by over $1 million on an annual basis"

or

"G&A expense increased $0.5 million from 2009 to 2010"

I know, I know, there must be a semantic loophole in there somewhere but it looks funny having those two statements in the same news release.

So, again, revenue growth primarily driven by selling "billions and billions of barrels of oil equivalence" worth of assets previously bought with OPM (other people's money), and if history is any indicator, sold for dimes or pennies on the dollar.