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Pastimes : The OTCBB Garbage Dump

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To: Due Diligence who wrote (165)	7/29/1999 8:07:00 PM
From: DD ASSOCIATES	Read Replies (1) of 2942

GEM FOR THE BOARD: An interesting read: take the current price of oil and then subtract work costs, extraction fees, government of Indonesia fees, and you end up with a profit margin of roughly $5 U.S./ barrel. This company has proven and probable reserves of nearly one billion barrels. YOU DO THE MATH. They are negotiating another cash flow situation in the coming days which will add to month to month profits. The float is approximately 630,000 shares and the issued and outstanding is 12 million. The insiders are BUYING at this time, as they have enormous potential at their fingertips. The stock started another run today and many feel that this company has the goods to be a significant player in the oil industry. Cash flow news release do out sometime next week, with many other announcements pending. The Company: Fortune Oil and Gas Symbol: FOGC

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