Chancellor Group Inc (CHAG)

[mmayr]

Update & EZ ~~ I for one am not familiar with that company. It sounds interesting. The question I come up with is ~~ "If their mechanism for increasing oil production is so successful, why are they on the pink sheets?"

Just an observation ~~

Anyway,

Here's the latest note that the CHAG club members received from Tom Bustamante:

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hey guys, i just talked to Ashraf a few minutes ago....and things sound great. I was told that acidization was complete on a few wells, and is continuing on the others. 2 wells were turned on and oil was flowing. Remidal work continues on the other wells as well.
The company wants to just verify & touch bases with a few people to make EXTRA sure that things are in order...a formal announcment will be released from the company shortly. Will keep you guys updated!

Tom
*****

Peace,

M&M Man
Ashraf Kahn 310 277-6595