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Re: Entangled Proton post# 24818

Thursday, 06/30/2011 7:52:44 PM

Thursday, June 30, 2011 7:52:44 PM

Post# of 38410
Sure, according to this website the last time they produced and average of 10 BOPD was 6/2009. Last recorded 5/2011 they produce a whopping average of 1/2 BOPD. I tired of the back and forth. Maybe I am right, maybe I am wrong. All I know is Renfro gets a million dollar payment, regardless of what happens here. This is a pretty sweet deal:

However, as a show of good faith, BUYER shall make a $1,000,000 non-refundable deposit to SELLER’s checking account by wire transfer at the time of execution of the PSA by BUYER and SELLER. If deposit is not made, this LOI and PSA is null and void and neither party shall have a right to seek damages from the other party.



http://sec.gov/Archives/edgar/data/1420924/000109635010000096/brazosloiex996.htm

Good Luck people. Renfro has already made a million here, hopefully you guys will too.