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Prince Mishkin

01/04/11 11:12 AM

#16791 RE: 1iftrue #16785

the biggest thing going for oil now is that the technology and demand have developed greatly since the reserves were discovered.

A lot of the areas now being developed in North America are areas that, when discovered, would not have profited because their expenses would have outweighed their revenues. Now, decades later, oil is exponentially more valuable and the technology to get at it is so much better that the demand for oil is letting us push for these reserves.

ZLUS has an opportunity to take advantage of proven, huge reserves and, in fact, is essentially stealing from Exxon right under their nose with technology and connections that reduce our expenses. They will be tapping the same reserves that other major players are currently pulling from. This means that we have guaranteed oil revenues and a highly likely chance that a major player will attempt to buy us out. Problem is, when you have the family history, connections, and wherewithal of Chris Rainbolt, you don't just start an oil and gas company to sell it off. The guy doesn't need the money. No, this company will make it on it's own, and the only real way I could envision it selling is if the company isn't able to produce or somebody executes a hostile takeover or skyrocketing buyout. Otherwise, any offer to buy us out will simply push the PPS. There is essentially no way we can lose.


Either we make lots of profits as a company that grows and grows, or we fail at our goals and let Exxon take over. Where's the downside?