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Re: JPetroInc post# 93629

Saturday, 01/25/2014 8:01:43 PM

Saturday, January 25, 2014 8:01:43 PM

Post# of 130503
Obtaining another $5mm ....via the most recent structured warrant deal would be a joke for this company (at this time). I believe the decision was made a while back to guarantee the companys survival.

However, they need $20-$50mm to move the portfolio forward. I do believe the warrant deal will be canceled ..in favor of a Dr. Lowe sponsored transaction (which I believe is no more than 2 weeks away).

Does Mgt. want to play little league Baseball or major league Baseball? The addition of Dr. Lowe was a Godsend for this company...he is now running the ship (even Gerald has acknowledged that reality). Honestly, I cant contain my enthusiasm as where this company's future will go (and be)....the stars are aligning right in front of our eyes (and in a hurry now).