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ash111

01/10/11 11:42 AM

#2094296 RE: beerput #2094287

SOCU- nice,was traded at .1+ a few months ago before last developments.could easily break .1 soon,imo.
1. here the REINSTATEMENT :http://www.sunbiz.org/COR/2010/1207/88443188.tif

2. west virginia deal- http://www.standardoilcompanyusa.com/PressReleases/2010-08-14_SOC_WVA.pdf

THE MEANING IS THAT THE CO. AND IT'S PARTNER KNOW FOR SURE there will be production revenues( "The West Virginia Properties alone are expected to deliver approximately USD $30 Million in revenues annually".)THAT IS a brilliant financing method based on future receipts, but the meaning is HUGE- if both sides whouldn't be sure about those numbers( the 30m revenues), the deal couldn't be completed

3.CEO answer- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58545066

3. projects- http://www.standardoilcompanyusa.com/WVirginia%20Development.html