Ann: Commercial Oil Production commences in Colorado, page-38

Thunder54.  

I'd say that all of those options that were issued for free in that last placement would have now changed hands.  So those options have now cost at least .002, not zero. So, with that obvious overhang clouding market out of the way, based on your very logical assessment,  the AKKOAs are now a better buy than before today.  
This has really just left the starting gates, so, all we really have seen today is the very optimistic hopefuls being disappointed and have ran giving those with genuine positive views of the company's LT prospects a chance to still get in at the a low price. There are two more announcements still to come very soon and then all of that preparation and development for more wells in 2017.!! If they get 3 producing wells at that rateit is a great start for that longer term programme.  And, as the Chairman said, puts them in a far better position for financing the cost of the extensive development that IS planned.
Am happy with my Buy sentiment.