TBird, my gut feeling is that based on the prior address of Gary, yes. I will pass that along to Lou. If you are making reference to the relevance of this and the audit at BDGR I would say that my concern is limited. My impression is that Malone & Bailey are directing what is required.
On the production numbers- 9000 barrels produced at their (BDGR)percentages is break even at $60/barrel. The reduction in employees and $70 oil lowers the necessary barrels. Expectations are the month of July will produce enough oil for this, the shipping rate is the issue. If they ship 9000 barrels before July 31st they will be cash flow positive by the end of August.
Lou has discouraged an aquisition at this time because of the stock price and I agree, there are other talking points. I'm hoping Lou has some information to share when he gets back. Take care.
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