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Alias Born 02/19/2012

Re: None

Wednesday, 04/18/2012 10:13:22 PM

Wednesday, April 18, 2012 10:13:22 PM

Post# of 78703
The announcement said that each well would require an investment of between 2 and 8k to get the wells up to production standards. Taking an average of 5k X 299 wells, that is an upfront outlay of 1.5 million. Thats not chump change for a comp with no money. Assuming the financer is legit, and it says that some funds have already been sent, nowhere does it say how much. Too much gray area with this little pinky. And to all the cool aid drinkers out there with their constant " will be multi- pennies soon ", this stock has only reached one penny twice in the last 6 years and both times retraced immediately. Time to get real, take a step back and evaluate what we do or dont have here.