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Greg G

08/20/08 6:43 PM

#1129 RE: rxgator #1125

rxgator,

I have no idea what would prevent him from doing such a thing. I did find it interesting that he changed the name of his little family venture from Oliver Creek Resources to INDEPENDENCE ENERGY CORPORATION. Maybe the "independence" comes from dumping his stakeholders in PPTL, selling the leases to the new venture, and folding up shop. Honestly, at this point nothing would surprise me. I would think there could be some legal grounds to pursue him if he liquidated assets below some par value. I assume this is where the fiduciary responsibility of a CEO would come into question. Regardless, it is a sickening thought.

Greg