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SweetBlackCrude

03/14/09 3:21 PM

#1116 RE: SweetBlackCrude #1115

On Page 4 of the same filing, Nov 14, 2008 10Q for the 3rd Quarter...

http://idea.sec.gov/Archives/edgar/data/700764/000110801708000618/victoryenergy10q.htm

We had a Net Income of $4,639,475!!!!!!!!!

WHERE IS THIS MONEY?????

I DON'T RECALL SEEING OUR NRI (THAT WE NEVER PAID FOR) ON THE BOOKS LISTED AS AN ASSET FOR $7,678,000 IN THE PREVIOUS QUARTER???

THIS IS GOOD....

IF YOU LOOK AT THE LAST COLUMN ON THE RIGHT, UNDER 'Costs and Expenses" YOU WILL SEE THAT WE HAVE $8,431,143 IN "Royalty Costs".........YET WE SOLD OUR NET REVENUE INTERESTS (NRI) IN THE WELLS FOR $7,678,000 this is BRILLIANT!!!

PLEASE EXPLAIN TO ME, WHAT WE GOT WHEN WE SOLD THE NRI??? I CANNOT FIGURE THIS OUT....

WE MADE $.04 A SHARE PROFIT, AND WE TRADE FOR ABOUT HALF A CENT???? GOOD JOB TEAM!!!!!
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printmail01

03/19/09 8:11 PM

#1118 RE: SweetBlackCrude #1115

AGREE:

"Why is it that I always feel deceived when Victory puts out Press....kinda hard to trust people that allow statements like this to go out....I can hardly wait for the "Audited" 10K."