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Re: None

Monday, 07/18/2011 12:08:10 PM

Monday, July 18, 2011 12:08:10 PM

Post# of 6903
Actually this paragraph is more telling



"Additional funding will be required to complete our 2011 operations program and to complete the merger with American Exploration. We anticipate that we will receive this funding from a variety of methods, including private placements of equity and/or debt instruments, entering into joint venture transactions with third parties, mezzanine financing, and cash flows from any successful wells. "

My interpretation of that paragraph is essentially we are looking for the money from a variety of sources. And may have to use several which could include what we commonly call dilution. But then if we don't complete the well it's all worth nothing now isn't it? And in the interest of honesty and as required by law we want everyone to be aware of the possibilities and the risks.

Got one question for piggie. How does laying out the facts honestly add up to scam? Typically you point to risks that anyone with half a brain is aware of. As if they are some great revelation. But what's your logic piggie? What's the facts? And frankly why do you care at all? Those of us who spend hours on DD would love to know.

Fortune to us all.

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