Manzo Pharmaceuticals Inc. (MNZO)

[StocksR4Me]

***New Investors*** DD Inside

News on escrow is out/finalized! FOGC subsidary, Indo Pacific, now owns GFB Java and associated oil fields which it purchased from Carmanah Resources LTD. News coming for actual production any day and listings (off pinks) soon. Don't get caught looking -- do your DD now!

Conservative estimate of potential earnings for 2001:
The calculations are simple: (Based on FIRST of 2 wells producing estimated 25OO BOPD.)

2500BOPD x 30day x $23 Price per Barrel = 1.725 mil/month
FOGC NET = APPROX. $1.17 Million USD/month
(company provided estimates based on $23/barrel)

Oil at $30,add $441,000 to FOGC NET
($7 x 2500 x 30 = $525,000 x .84 FOGC cut = $441,000)
(.84 = 100%-11% to Pertamania & 5% to Carmanah/previous owner)

(1.17 + .441)= 1.611mil x 12= $19.332mil annual NET TO FOGC

Say 1 mil for FOGC administration (guess) and that leaves

$18.332mil/17.3mil ss outstanding(all warrants exercised)=$1.06 eps

Second well, add another $19.332mil/$1.11 eps to bottom line or $2.17 total eps

Say $2 eps for 2001, use your own pe ratio (23 industry standard??) and don't forget about potential gas sales next year as well.

Link to photos of oil rigs taken by FOGC management:
http://fortuneoilandgas.com/photos.html

See co. web site:
http://www.fortuneoilandgas.com/

PR's on Purchasing Camar Field and Financing:
http://www.fortuneoilandgas.com/press.html

Explanation of Bawean Oil Fields:
http://www.fortuneoilandgas.com/bawean.html

Sedar web site, Type "Carmanah Resources" to see filings by previous owner of oil fields: (Especially Annual Info Forms to Read About Wells and Production History)
http://www.sedar.com/

Popular DD Site with Easy To Access Detailed History by WhoopyDee & FOGC Longs:
http://web.one.net.au/~dingle/

Popular Chat and Info on FOGC at Raging Bull:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=FOGC

Popular Chat and Info on FOGC at Yahoo:
http://clubs.yahoo.com/clubs/adaytradersdream

Great Write Up in Oil and Gas Journal: (Independant Review)
http://ogj.pennnet.com/Content/cd_anchor_article/1,1052,OGJ_7_NEWS_SUB_73270_1,00.html

Bloomberg.com: Another Great Independant Review on property purchase
http://quote.bloomberg.com/fgcgi.cgi?s=AOUhK6BUGRm9ydHVu&T=marketsquote99_news.ht

Raging bull, longs board (No Bashers)
http://www.ragingbull.com/mboard/viewclub.cgi?board=CLB00238

The following link is from the Energy Information Administration:
http://www.eia.doe.gov/oiaf/fore_keywords.html#petgas

The following extract from a World Bank report on the Indonesian Camar field. Surely this is a
good authoritative independent source that should satisfy those expressing doubts about the
company. Extract from report and indonesia link as follows.
http://www.seen.org/wbreport1/extraction.en.html

Brief summary of link: Reserves/Production;
Southern Sumatra's Corridor Block holds reserves of 1.5 trillion cubic feet of natural gas.
Southern Sumatra's Camar field holds an estimated 70 billion cubic feet of gas. The Natuna
natural gas field in the South China Sea holds over 200 trillion cubic feet of natural gas (46 tcf
commercially recoverable) and will eventually feed into the national pipeline system. Thus, at least
47.57 trillion cubic feet may feed into the Bank-financed pipeline system.

Another good place to look for Energy DD:
http://www.energyconnect.com/assoc.htm