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geoscience2

09/05/08 10:33 AM

#4394 RE: jonesieatl #4393

"Gifting" to "family members"...LOL. I wonder how much they turn around and "gift" back into his account?

Well, I guess he can STILL say he never "sells" any stock. LOL Oh well, he should be entitled to "cash in" all those options he has. After all, he gave us shareholders an intrinsic value share price of "$45 in '05". Now, if only us shareholders were able to cash THAT in... LOL

Geo

jonesieatl

09/05/08 11:02 AM

#4395 RE: jonesieatl #4393

Recent Form 4's for Mssrs. Gamble & Blystone

Mr. Blystone converted some fifty cent options, donated some shares, gifted some shares, all told disposed of 9600 shares which probably had a cost basis of around $4800 and are/worth between $60,000-$80,000 depending on which PPS's you look at in the relevant time frame.

http://www.sec.gov/Archives/edgar/data/22551/000002255108000020/xslF345/primary_doc.xml

Mr. Gamble bought 34,483 shares @ $7.25 per share.

http://www.sec.gov/Archives/edgar/data/22551/000002255108000019/xslF345/primary_doc.xml

Fun with numbers:

The Tri-Valley operation as of June 30, 2008 has an Accumulated Deficit of $33,207,578 and lost $5,448,553 in the first half of 2008.

On June 30, 2000 the Accumulated Deficit was $6,535,228.

Since June 30, 2000 the outstanding share count has increased 38%.

From 2000 to now the cumulative inflation rate has been ~25%.

To keep up with inflation and dilution over the last 8 years the TIV share price would have needed to rise from $2.19 to $3.57.

Beyond keeping up with inflation and dilution over the last 8 years the TIV PPS has risen an additional ~81% representing an approximate 14.5% compounded gain per year.

Just FYI and FWIW

jonesie