Wiz - what money????
They need 15k just to pay rent, turn on the electric, maybe send a email now and then
This whole thing is a joke. I mean the idea that the chinese were going to do something different then oil and gas with the shell.
I guess on the positive side if they find some oil and gas, and oil goes to 150/bbl, then we might be rich. in the meantime, someone has to explain how the develop these leases on Working capital of 150k. Even if offer shares to the public like they state, do you think this management team which knows NOTHING about the oil business will be able to establish credibility with anyone in this industry?
Would be different if they were raising money for drug development, atleast there is some connection. Instead of Heinken, looks like PBR this weekend