I'd beg to differ. I think that Management is reminding us that we have only begun to discover the potential of the well/reservoir as well as updating us that nothing has come of the SEC stuff, and lawsuits are a way to say that they think people should re-evaluate their decision to panic dump on the last update.
Porgie I think the offering needs to be a good deal in order to raise funds. I bought the last $1.00 offering and it picked up steam on last 3 months and spiked early July '17 to nearly $6.00. I thought they made a mistake pricing last rights offer at 5.00 and 3.00. To my surprise the share price was over 5.00. But I sell on ebay and sell stuff cheap. I was pleased with the decision of 1.00 offering and I believe will be a success. Be blessed today!