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Belgianshareholder

01/11/13 8:35 AM

#27821 RE: floydborga #27819

Mason only was appointed about 10 months ago.

This was his way of saying. Let's get this party going.

He knows what he's doing and desn't need to hold hands of his shareholders. Communication is only needed when the time is appropriate.

IMO, the company looks 10X better now, if you know what I mean.

We had bad luck with the pipeline of Exxon. The well is up and running again, and the choke will soon be changed too imo.

This well will be the first step of a snowball effect imo.

Patience is a virtue and, as X says, trade accordingly.

GLTU
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krissy1

01/11/13 9:24 AM

#27829 RE: floydborga #27819

i know it

lambo, porsche ,jaguar are expensive company car

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Atlanta1

01/11/13 9:28 AM

#27831 RE: floydborga #27819

floyd's - it's a wash. the debt holders get a set dollar amount.

before the r/s, there was the potential for over 900 million conversion shares.

after the r/s, it's 90 million.

the fervent hope is that I-1 cash flow and/or take-out refinancing will mitigate the need for additional conversion.