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Re: amschip post# 16696

Friday, 08/19/2011 1:37:09 PM

Friday, August 19, 2011 1:37:09 PM

Post# of 28292
The possibility exist that shares from the company are being used in combination with debt to purchase assets like Home Creek which they feel will be online and producing oil in the next few weeks and could be the reason share counts arent always readily available.

Companies without huge cash reserves can use shares to aquire profitable assets and targets as well as debt to bring them on board in the intrest of growing the company.

Also the company can use methods like 9 month personal bridge loans without need for announcement to fund operations- payroll etc.. & to fund the growth of the company.

If we see more start to come together like the launch of PRO One and additional assets added and revenues start to come in and further explanation on JV'S they have in place- which is why they scheduled the conference call to explain them and were they are going and to discuss earnings we can see this start to make more sense.

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