InvestorsHub Logo
Followers 44
Posts 2471
Boards Moderated 0
Alias Born 11/18/2011

Re: None

Monday, 03/19/2012 10:39:57 AM

Monday, March 19, 2012 10:39:57 AM

Post# of 42940
If You read between the lines in the recent PR this is what you'll see:

C&C Energia grows through acquisitions now... they find the small companies like Rainchief who takes the risks to find the oil in the ground, and once they determine how much oil is there they just acquire the smaller company and it becomes a part of the C&C Energia group of companies just like the NYSE companies listed in the PR... so depending on how much oil the company finds is what will determine the buyout price which should be in the range of $20-$50