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ucantfoolmee

01/13/10 8:08 PM

#26267 RE: lwest #26266

Well it is not so much just us guessing, everything comes out in the end. That oil well deal was the worst thing ever. The company gave them like 40 million shares for nothing in return. I am glad that Kampa has acknowledged it and addressed it. I am waiting for him to kill the deal and get all the shares back and give the wells back. By the time the investor got his money, the debts were subtracted, nothing was left of that to benefit us or the company other than EXBX inherited debt and paid for it. So I will feel better when the deal is over and EXBX gets those 40 million +/- shares back. Also those non producing wells may be worth much less than what they said and we may not only incur debt but also lose money. The best thing they can do is just give them back and get the shares back.