So every asset and every bit of revenue has been diluted by 43% . 225 k paid just to raise the funds so already we are 225k less. People forget that every raising may raise some money for new wells but it dilutes every existing well by 43%. Don’t place your trust on SI , I am one and I can tell you I get calls every week to try and flog me something , and I am not that sophisticated lol
Ann: Fremont Petroleum Corporation completes $3.75m Placement, page-23
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