Replies to post #57106 on Sixty Six Oilfield Services Inc (SSOF)

[it_happens]

Definitely agree with scaling back the goal of 11 rigs. I'm sure there are lots of ways to finance that venture besides the Bland S1.

[highlandernew]

ChaseDog, Ken BLAND says his LOI is LEGALLY-BINDING?

I would normally don't see this as a good thing, but the good thing is that in this LEGALLY BINDING LOI, it LEGALLY BINDINGLY says that SSOF shareholders will get 20,000,000 10SION shares as dividend, not the ridiculous 1,225,000 10SION shares in NON LEGALLY BINDING Form S-1?

What are your thoughts about this?

[wadirum1]

Your post makes sense. I cannot fault the logic, but I think your post is based on faulty assumptions.

You are assuming that Clayton is not involved in the scam or that Bland has no continuing leverage over him. And yet all facts point in the other direction.

Why no new lawyer? Why no clarification in PR? Why did Sixty-Six give away their company? Why no transparency on the audit problem that Clayton himself agreed would prevent this from being audited (he agreed when he signed the LOI)? Why does there seem to be a raft of back-channel communications that benefit some at the expense of others?

Yes, we have the heartfelt testimony of Clayton' dad. Is that enough?