re: Ann: $12.5m Raising to Further Developmen... There is no...

re: Ann: $12.5m Raising to Further Developmen... There is no hold on a sec, I agree with you totally, they are ticking box after box, and I have great faith that this stock will be worth a lot more than what it is now, BUT, the simple reality is that the "market" did not send this stock higher on all of these announcements...! out of all of our control and as a company you do not wait until you have very little money in the bank before you do a raise, that is when you get really bent over on price!! you need to look at VWAP prices (5day, 15day and 30day) to base your pricing arguments. We all want raisings done at higher prices but in reality $0.12 wansnt the best ever price but is far from the worst that it could have been.

They are now fully funded, and from my understanding at around 700-800 boepd they should be close to funding corporate and 2 well program out of cashflows and then only need cash at bank for horizontals and any other additional activity.

As you can tell I do really like this story so we are on the same page there.