Sunday, December 09, 2012 9:34:29 AM
"he acquired the Myres [sic] lease" It was supposedly Smith and Jackson who "acquired" the Myers lease. See above for Matousek's role.
"he acquired other lease options" Nah, he just saw to the the reworking of old agreements on those other leases, same same as the Myers lease.
"he got us back to Current Pink Sheet Status" Whee! That and $5 will get you a cup of coffee at Starbucks.
"he got us debt free" What on earth does "got us debt free" mean? He did nothing other than, supposedly, getting Smith to cancel an old questionable debt, the consideration for which has never been disclosed. Presumably, that consideration was a bundle of free-trading stock.
"he set up new relationships with other companies" That's a pretty fanciful way of describing next to nothing. The only company that comes to mind is Parker, a dark private company of doubtful worth, with no properties, to which Drake now owes $360,000. That's quite a fruitful relationship! Perhaps you refer to Matousek's very late interest in a movie production company and that other scam he just joined. If you refer to anything else, let us know. As I've said, Matousek has never been connected with any legitimate company that I know of, so his "relationships" are pretty dismal.
"he paid off tons of debt" He didn't pay off anything, and you're doubling up on the Smith debt cancellation. There was no other "ton of debt", unless the company's financial statements are falsified, and the accounts payable were not down significantly from June to September.
"he got us OIL" He hasn't gotten "us" any oil yet. It sounds more as if the operator checked the tanks and found some oil in them. Any cash proceeds from that oil will not be paid over to Drake.
"he got us producing assets" You're doubling up again, and Drake has no current interest in any production beyond what will be applied to its obligations. That's true only until the Drake defaults on the Pennsylvania agreement again, and presumably, when it does, no one will be told -- just like last time.
"he takes grief everyday" Not nearly as much as he deserves, and he doesn't care about that anyway. He probably reads defenses of himself here with great mirth.
And on and on, and so forth and so forth, down to "he answers his phone" and "he was in the Navy". Whoopee! So many words about so little.
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