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ThSeeker

05/12/08 12:11 PM

#33886 RE: Satori-now #33884

You have that right Satori.
...Management is also pursuing new oil and gas opportunities that will bring immediate revenues to the company.

Kind of sounds like we don't have any current revs. I know am reading between the lines to make that conclusion but if we ever needed them to tell us rev info it would be now so I conclude there are none until they tell us differently.

Also how will they have funds to pursue new opps without dilution. So if they reduce OS as they imply they will probably just add them back for paying for the new opportunities.

Sorry for my pessimism.
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was StockSniper

05/12/08 12:11 PM

#33887 RE: Satori-now #33884

Agreed....that was totally worthless.
Right..we'll just wait 12 more months while they do whatever??
That was complete BS!
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Billiam_2

05/12/08 12:18 PM

#33889 RE: Satori-now #33884

Perhaps, this is all that was left of the PR after the lawyers tore through it. Still very disapointing. Lancasters shares should be canceled. He was supposed to only be paid if and when the E.Texas LOI was completed. WRNW and Rees should also have their shares canceled. The deal they proposed was canceled. That alone drops us by 600M shares. And then there are the what about's: Grimes, TYEG, WWNG, Charring Cross, Louisana. The list goes on. Stephen we want answers!!!!