Chancellor Group Inc (CHAG)

[mmayr]

Husker ~~ are you referring to the latest quarterly reports from CHAG? Or future projections for revenue based on what CHAG believes their oil production will be (and natural gas)?

Anyway. . .I can assure you, the recent financials of the company won't be giving you anything real strong to extrapolate from a software program of any nature. We will need revenues to begin coming out of the company before we can figure out potential for profit. Then, we'll also need to consider the expenses incurred from providing the electricity to the pumps. . .shipping the crude. . .and getting future pumps up and running. I have a feeling it's going to take CHAG 12 to 18 months before they start to see a profit. The "potential" for profit, is astounding. However, those startup costs are hummers!

Keep the faith. . .let me know what type of financials you're looking for. I'll see if I can dig them up.

Peace,

M&M Man