Replies to post #5332 on Embarr Downs, Inc. (EMBR)

[mick]

excerpt; maybe jumper on today. wow indicator; PLANO, Texas, Nov. 28, 2012 /PRNewswire/ -- Globalgroup Investment Holdings, Inc. (GIHI.PK) announced today its subsidiary Sovereign Oil, Inc. has executed an LOI agreement with Ad Astra Oil Corporation to acquire a 120 acre oil and gas lease in Miami County Kansas with 9 producing oil wells and 5 oil wells scheduled to be reworked.

The agreement is to be completed NLT December 15th 2012, subject to final completion of normal due-diligence by GIHI. The company expects the cost of the additional 5 reworks to be approximately $10,000 per well.