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Re: balamidas post# 51

Wednesday, 05/09/2012 9:18:58 AM

Wednesday, May 09, 2012 9:18:58 AM

Post# of 27255
Bedford Operating company is a subsidiary of Bedford Energy (BFDE). The last financials on the company are rather dated (April 2010 for period ending December 2009): http://www.otcmarkets.com/stock/BFDE/financials

BFDE has been trading on the grey market for some time now.

The ownership of BFDE is unclear as it would appear that it may have merged with CTXE. The company last reported (2009) that it had $60k in assets and a negative income of $182k. The Bedford Operating subsidiary did not have a separate accounting of assets/liabilities/income.

FTTN on the other hand, shows a whopping $694 in the bank, which may be just enough to make this "Big Acquisition".....
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