Replies to post #974 on Valor Energy Corp (fka VLEN)

[iblong2]

$0.0004 could be the bottom only if they can get the debt holders to cooperate, something that they have not been successful in doing for the past few months.

I do think taking a risk down here at $0.0004 is a good investment strategy, surely a lot better than mine by averaging down from $0.015. The way I see it, if they are not able to reach an agreement before dilution reaches 200MM, which after today's dilution is just around the corner, we could be on our way to more than 500MM by the end of the year.

So the next week or two are very critical. Lets see if SW can pull it off.