they aren't doing anything and probably have no intentions of doing anything other than sell shares. They will word press releases in a way as to make you think something big may happen, when they have no intentions of anything other than selling shares to pay themselves. Letters of intent 99% of the time, have no intent at all, other than to sell shares and the last pr about them acquiring a 1.3 million barrel reserve report for Burke lease, probably could have been picked up at the local courthouse for $2. The pr before that about entering an agreement to acquire 300 acres ended with this... The consummation of the transaction will be contingent on the negotiation of final acquisition documents... Which means, it'll never happen cause they are here to make money selling shares, not spend money.
