Update & EZ ~~ I for one am not familiar with that company. It sounds interesting. The question I come up with is ~~ "If their mechanism for increasing oil production is so successful, why are they on the pink sheets?"
Just an observation ~~
Anyway,
Here's the latest note that the CHAG club members received from Tom Bustamante:
*****
hey guys, i just talked to Ashraf a few minutes ago....and things sound great. I was told that acidization was complete on a few wells, and is continuing on the others. 2 wells were turned on and oil was flowing. Remidal work continues on the other wells as well.
The company wants to just verify & touch bases with a few people to make EXTRA sure that things are in order...a formal announcment will be released from the company shortly. Will keep you guys updated!
Tom
*****
Peace,
M&M Man
Ashraf Kahn 310 277-6595
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