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[QUOTE]Originally posted by SpecialK: [QB] Poster that talked to Jerry today... From Ihub: Posted by: jelly In reply to: None Date:3/8/2007 11:02:03 AM Post #of 7654 i also asked jerry about when we might see some financials. he said that is not one of their top priorities right now. they are trying to acquire and put wells on as much producing property as they can get their hands on, which all costs money. jerry says he has $2 MILLION of his own money in this company. since they are not diluting, they have to fund these new projects through wells that are producing right now, leaving not a lot of cash to hire auditors. once the new projects start producing and more money flow, we WILL see financials then. i asked about possibility of unaudited finacials since this would cost the company little and give shareholders an idea of the books. he said they would consider that in the near future but are so busy in the feilds and exploring new opportunities, so don't expect them within the next week. again really no timeframe. he did say they are in the black, which is amazing for a pinkie. i can tell you i feel a lot more confident in my investment with rgno after speaking with him. it seems to me they are taking the right steps to make this company grow, and not at the expense of the shareholders. the pps, well my only logical guess is we are being shorted heavily again. [/QB][/QUOTE]
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