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Re: midtieroil post# 263788

Thursday, 08/16/2012 12:14:54 AM

Thursday, August 16, 2012 12:14:54 AM

Post# of 367111
I am not an accountant. However, this is what I see can happen. They list it on AIMS, With the money that they raised with the AIMS new shares, the shareholders of those share will also entitled some of the shares of ERHE. Now, how do they IPO these new shares(by the newly acquired assets or the older assets). Therefore, the spin off would hurt ERHE shares in the short term but they will raise money to discover oil and remedy that situation.

it might be too simple but certainly is do-able without diluting ERHE too much. But again, speculating and form a argument based on that speculation is as simple as the idea above.

Better yet, some one wants in and have the same amount of shares that SEO have and could not get it at a good price in the open market. therefore asked for 500,000,000 shares at .10 each, there! they got more than SEO at a fraction of a cost. Will SEO go for that... maybe noT....

"If no news = good news, then good news = no news. If good news = oil found, then oil found = no news. So, oil found = good news = no news. We're golden!"

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