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mangled

02/11/13 10:36 PM

#35462 RE: yzkiley #35461

this has been proposed as the most likely scenario and I tend to agree..next up: settlement news..after that news of ACTUAL funding ..get ready to run..IMHO
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br0ke-n00b

02/11/13 10:37 PM

#35463 RE: yzkiley #35461

who knows but that could see a huge return if they get 11m shares & there's a buyout right away.. very good return for them indeed lol pure speculation on my part
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xZx

02/11/13 10:42 PM

#35464 RE: yzkiley #35461

i am with you on this 100%. the very night we saw the 8-K about mason's departure, and then the loan commitment letter, i thought montecito's people might soon be on the BoD.

what a way for us all to make money. they could hand over their cut of the profits to WGAS, and we could all share in that reward.

i still think we'll need to hand over a cut of the profits to a driller/operator, but that's life in the biz.

keeping half for WGAS would be amazing for shareholders. and practical to outside interests.