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Re: None

Tuesday, 07/31/2012 2:49:58 AM

Tuesday, July 31, 2012 2:49:58 AM

Post# of 78703
So, this GREAT lease DKGR has at this website; http://q.b5z.net/i/u/10073722/f/DKGR-PSA-Leases.pdf, doesn't sound to good to me. First off the lease effective date is listed on page 1 as 1/15/2011, but then on page 10 it says, signed on 1/18/2012. Is that a mistake, or was this deal 1 year in the making. Was that the reason some here had to return 144 shares back to Drake in order to make this deal?
Also they blacked out the family trust name everywhere, WHY, but then on page 10 they messed up. They forgot to black it out there, so it is the "Hyams Family Trust" which I can't find anything on.
According to the lease agreement, Page 2, it looks like DKGR was supposed to spend $250,000 for the development of not less than 2 wells per month within 90 days. By bet is that these worthless leases have lapsed by now. It's been 7 months, and no money spent, and Peter claims another month at least to get funding, and probably never!
I say SCAM as usual!

All that is necessary for the triumph of evil is that good men do nothing. (Edmund Burke)