Deep Well Oil and Gas (fka DWOG)

[golfboy]

So what did you make of this report , I did not like this part


For our long-term operations, we anticipate that, among other alternatives, we
may raise funds during the next twenty-four months through sales of our equity
securities. We also note that if we issue more shares of our common stock, our
stockholders will experience dilution in the percentage of their ownership of
common stock. We may not be able to raise sufficient funding from stock sales
for long-term operations and if so, we may be forced to delay our business plans
until adequate funding is obtained. We believe that debt financing may not be a
likely alternative for funding our operations in the short term, since we are an
exploration stage Company, and due to the risky nature of our business; however,
we are progressing toward the point where it is potentially feasible so we may
explore debt financing in the next year.