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Billiam_2

12/28/07 11:43 AM

#589 RE: shouldasold #588

That has always been the problem with these companies: DVFI, WWNG, WWOG, TYEG, SBRX, and now WRNW. Lack of transparency! Who owns what? A shell game. BIGN PR'd that they bought 50% of WWNG about 1 1/2 years ago. Then WWOG was split off from WWNG. BIGN owners got divy shares of WWOG and so did WWNG owners at different ratios. WWOG is a subsiderary of WWNG. AS to what DVFI owns 50% of is a mystery. The share structure doesn't add up. Oh, and don't forget RYLP. Somehow they got the majority of the E. Texas LOI that BIGN was working on. See their website. I did talk to Rick DeRosa in Oct. '06 and he said RYLP was a JV partner with BIGN in the E. Texas LOI. Funny how they wound up with the goods and nothing was ever accopmplished for BIGN. How does SBRX get over $400M in assets and working on another $200M. Proven by the State of Kansas production numbers. Look under Christian Intergy as the operator. They merged with SBRX. Be very careful with any of these companies. SBRX is no longer on the pinks because of lack of transparency. I still own DVFI, WWNG, TYEG, WWOG, SBRX, so I keep up on them. Not happy with any of them. If anyone of them is going to move in '08 I think it will be SBRX. Trades at shell prices with assets over $400M. Can you believe them? That is the question.