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Friday, July 08, 2011 11:48:08 AM
here: SOCU-.0038 .was .11- $30m expectations- "The West Virginia Properties alone are expected to deliver approximately USD $30 Million in revenues annually"
last PR looks primed- http://www.standardoilcompanyusa.com/PressReleases/2011-2-3_SOCU_Stim_Tech.pdf
"The West Virginia Properties alone are expected to deliver approximately USD $30 Million in revenues annually"
http://www.standardoilcompanyusa.com/PressReleases/2010-08-14_SOC_WVA.pdf
THE MEANING IS THAT THE CO. AND IT'S PARTNER KNOW FOR SURE there will be production revenues( "The West Virginia Properties alone are expected to deliver approximately USD $30 Million in revenues annually".)THAT IS a brilliant financing method based on future receipts, but the meaning is HUGE- if both sides whouldn't be sure about those numbers( the 30m revenues), the deal couldn't be completed
projects- http://www.standardoilcompanyusa.com/WVirginia%20Development.html
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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