this co. sold off its non oil related assests,got new ceo/staff and are concentrated on making this oil co. into a good one,they also are looking to aquire a large default lease that has 100 wells on it,this co. isnt one to make a quick buck,but 12-18 month hold and i bet dollars to donuts we will be in .1-.25 range,i come to all that conclusion by the great dd we have here by the ones on board,theres been some trying to talk bad about this stock but they invested in an oil lease that makes very little oil,lots of salt water,they never knew anything about this business until they bought into that loosing propersition,and get this...they live 1/4 of the way across america from where their investment lies BUT we got knowledge of the field we are drilling and where the next well will be drilled,and the ceo,the past history of the staff etc. ALL BEFORE deciding to get involved in this one so we knew what we were doing and not at the mercy of a slick salesman
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