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Re: basketball14 post# 444

Tuesday, 04/09/2013 8:14:28 PM

Tuesday, April 09, 2013 8:14:28 PM

Post# of 663
GGR
ILDE from Isreal had purchased 32m shares and were issued 16m in a deal that IDLE did not complete due to their fields being dry- thus they sold what they owned. Other shared by insiders were that of previous management, including the founding ceo, disposing of their voting power. The share stucture is still great at a last reporting 186m and the focus is on India: the sale of one block for 16m and soon-to-be producing other block that will bring sustainable revs. This is all part of their SEC-accepted plan for compliance IMO. Looks like they're on track.

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