Thanks Now that I see it in its true form its more clear. I see it as a positive only in one way. If the seller of East Texas deal takes an equity position, it would most likely be given in restricted shares. So they would have an interest as to how the company does and if there shares are going to be restrict and the float is still 320 million? then the current shareholders should see the benefit from the LOI. There are only a few people privelaged to know this, I am not one of them. That is why I am staying long as much as it hurts right now.
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