Unless they have assets outside of oil leases in Texas I don't see anything. Those leases we're probably only worth a few $100k's to begin with. I don't know the initial capital raise but even the Bradford raise far exceeded the value of all their leases.
If a CEO cannot get an answer to simple and obvious questions that is a very good indication that something is very wrong. And a real CEO that has any integrity would leave and report any suspected fraud.
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