BB's Stock Haven

[explorer186]

WASH YOUR DOUBTS ABOUT TNOG AWAY: Primary Clayton quotes from today’s chat:

- TNOG is pending several JV's right now and news should be coming on the pipeline, IP's for s1b and financial info
- we can't talk about anythign regrading the JV or timing of annoucements but I can say its going to be good/soon
- I can ask them to post in the PR's how much is being sold at what prices.. possiably get scans of tickets for my website
- they will be annoucing that we are being the audit soon so we can ideally be OTC by Jan-Feb
- All forms were filed years ago, and the permit was filed almost 3 weeks ago retroactive to June 1 to be selling oil.
- the flow rates should be availabe on the oil from S1B within the next week
- We cannot place targets but I was asked where I tought it could go if such and such happend and yes I do think that.. [0.08 pps]
- once [wells are]… pumping workers are not on site everyday
- Maupin works the deal and checks the sites almost daily.. trucks have to come in for the oil on a regular basis
- it depends when they start the drilling but should only take a day [to redrill 300ft to the next layer of K1]
- for the horizontal: it will be huge news becuase we are going to tap into all sorts of new area or pools.
- yes management is fully aware of the importance [of weekly PR’s] but is only interested in reveiling quality news and not fluff to pump a stock but I am pushing for weekly updates.
- approx. 725 autho. 330 float
- held by the insiders. they can after 2 years only sell 1% of the outstanding shares every 90 days with is approx. 7.3M shares
- They have recently done a private placement to handle the debt and current operations. I do not believe that they have any current needs
- PM [Pete Maupin] is a large shareholder therefore he has a very big incentive [for success]
- we [NOVAK] have introduced large investment groups and brokers which have helped to grow the PPS
- IP's will be coming on the gas for the wells soon as well [as the 2nd well]
- I believe that we really have only seen the beginning of the TNOG journey
- the possiblity is there [increase in auth. shares] but has not been disclosed as taking place anytime soon. reasons to do so, would be regarding the JV's if we have a major opportunity approach ourselves we would