See 10Q on SEC site listed here. http://www.sec.gov/cgi-bin/browse-edgar?company=paxton+energy&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany. It lists all the myriad individuals and concerns far beyond the amount owed to Monecito. Many are in default and will have to be paid first. Financing is far from assured as far as I see.