that'd be my guess- pay off Asher (the horrible one), pay off the previous violations @ the RRC so we can sell oil etc. He wouldn't be doing this for any other reason, we'll have oil $ in hand within weeks imo.
He learned his lesson on the Asher deal one would hope, and he would not have gone this route unless he knew he had the $ coming in. His own net worth got hurt with that and if there's one thing we know and can count on, it's that with things about to turn around in the field here he wouldn't be mortgaging away his future by allowing more stock into the market. Wilmot's biggest $$ will be made for him through PPS appreciation, just like us- my guess is that when he gets $ in hand from the oil he'll be buying shares back.
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