Replies to post #16915 on Superior Oil &Gas Company (fka SIOR)

[Traderfan]

That's my point. The story as it was presented the last few months here makes no sense. Not at all. I don't pay the auditor and the transfer agent and a few weeks later I realize that some debtors make problems. That's all charade IMO just because it does not make any sense.

I wanna know as to what amount of money we are talking here right now. If they would be really interested in solving this why not trying to raise the money? I might find somebody interested if I would knew all the details and amounts.

[maybe_this_time]

I would guess the debtors get the roughly 3.5% stake in roughly 10 operating wells, SOG's future cash flow as of now? Maybe that's what their after and all they need. SOG has to start over so just going bankrupt then. Dan has Catcus which which has roughly 3.5% of current operating wells. SE and the big investors have their stakes in the current operating wells. While not what the vision was, perhaps a place where you say to yourself, "You know, we lost a good one here. Time to move on..." It's been awhile since the bad news hit. I guess it was pretty smart for Dan to transfer 1/2 of the well interest into Cactus. Perhaps dishonest, but pretty smart. Just regurgitating some of the info I've read here over the years...