While the Percival incestuous situation at face value is already "damning" to existing TGC management for allowing their pre-reported Senior adviser Carlo Civelli to buy the 25% interest which includes a 2 well carry and 1% royalty at a price equivalent of only 1/8 of what TGC has already invested to acquire its "fully pay for" 20% of 112 and 15% of 444, the real question that could require "jail time" is "Who really owns the Percival interest"?
Food for thought: We have been assuming that Carlo Civelli is the sole owner of Percival. Which in itself is already bad for TGC CFO Nico Civelli for allowing this since he is obviously an heir to Carlo, but what if the investigation discovers that other members of TGC's Management or BOD are also paid silent partners of Percival?
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