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zguy

05/05/07 12:21 PM

#10084 RE: mom2jbk #10081

mom2jbk, Hemi is a pinksheet stock. They don't, at the moment, have financials available to the public. But, you can read the iBox, read past press releases, and read the very good DD done on this board. You can get a rough idea of the revenues being generated by this information. If you want to wait for financials you'll likely be paying in the mult-dollar range for the stock because at that point Hemi will no longer be considered a "small oil company".

Keep in mind too... no creative financing, no debt (except for a used rig they just bought but could write a check for and pay off if they wanted!), very good lease deals, and producing wells. Read around on the board for a while and compare our market cap to the market cap of other small oil companies who may not even be producing any oil, have a large debt, and don't have the reserves we have (just in one area) and you'll find that in many cases our market cap might be HALF or at least considerably less than that of these other companies.