Mussel Shell property has a book value of $27 million on their last filed financials. New Miami is producing oil, and they have a piece of that and everything else that goes on there. Plus the $2 million from the European company. This deal is far from over. Plus Mussel Shell has a lot of oil according to their reports.
Also I heard that the SEC finally sent them requests for information only because a shareholder pushed them for an answer. Apparently the SEC already has all of the information because it was previously sent and they are doing this now to cover themselves legally.