Signing the LOI may mean $4M cash right away....
from 11/17/06 PR:
"In addition, the Company will receive a cash position of $4 million for further investment in the oil and gas industry via "Farm-outs" and direct working interest investments."
Not to mention the $1.8M in annual revenues from the properties included in that deal.
Also doesn't include any well-reworking they've done, are doing, or plan to do in 2007.............
Lots to look forward to here - Party's just getting started - pull up a chair, grab a brewski and get comfy........