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Tuesday, April 26, 2011 9:45:16 PM
1) Anyone know how much cash BRZL is paying for Renfro LLC?
2) BRZL had no money in their last filings. Where will they get the money from to buy Renfro LLC?
3)Is this what is holding the merger closing up. Do they need to raise money first before they can do the merger?
4)Does anyone know if BRZL already raised the money they need to buy Renfro LLC?
In exchange for cash consideration and a net profits interest in the property, BRZL will purchase 100% of the membership interests in RE which includes the company’s two producing oil wells making 12-15 barrels per day.
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