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badrguy

09/27/06 2:17 PM

#909 RE: 57tbird #908

Q2 2006 makes less and less sense all the time, unless they disposed of some property that was a one-off revenue thing, but then last Spring they went on to predict $4 million in revenues for Q2, while ending-up with only $553k. go figure.

if it wasn't a "one-off thing", was it a part of the lawsuit (RM said that only 5% of their properties were related to the law suit), but was that 5% really, really prolific wells, that they no longer included in total revenue? if so, wouldn't Rick Michael say so? maybe, maybe not.