Coincidentally this approximates the number of shares to be retired on a future date. Thanks for clearing up managements stategy. It makes sense for an extremely long term business plan if sufficient cash flow can be generated from operations to grow the company and increase share value. Nothing wrong with that.... BUT some of these exchanges smell of "I'm gonna get mine first" Too bad we are not a fully reporting company. In light of this info we are all small fish and merely a nuisance to the guy at the top of the food chain. No wonder you were unable to introduce new blood through any kind of merger. No wonder any type of massing of shares by any other entity is resisted. This is Joes company, like it or not.
JMHO
Another concern I have is the vability of the leases. Has the propper forms been filed with the state? Dragon still isn't listed with the DNR which makes our ability to check lease and well status difficult.
REF:
"Are YOU and LOU saying that the O/S is more than 68 Mill"
Yes ... approx 85 mil ... and note ... of the difference between 68 mil and 85 mil, approx 8 mil shrs were legitimately owed to JL by my estimate
News 
Market Data 
Discover 
