InvestorsHub Logo
Followers 8
Posts 464
Boards Moderated 0
Alias Born 04/09/2012

Re: None

Thursday, 01/03/2013 3:36:31 PM

Thursday, January 03, 2013 3:36:31 PM

Post# of 78703
Because like many of you who do not call the office and talk to Peter and get the facts, it is simple, DRAKE has (already) an investment in Parker, this investment I am told could be worth $100,000 to Drake the day Parker becomes public, the $360,000 you keep talking about is if DRAKE pursue the wells with Parker, has nothing to do with the initial investment DRAKE already paid into Parker. If the investment gives DKGR an cash flow of $100,000 they can purchase more of the leases going forward, DKGR is only on one lease right now, the Myers Lease, a ten well program, so to take on anything else would be adding leases to the deal, according to Peter all the documents we see on the web site have been renegotiated and the company is going Lease by Lease and the Myerers is the first one, if you do not believe call Peter and just ask, it is as simple as that.